Barings Corporate Investors (NYSE:MCI – Get Free Report) declared a quarterly dividend on Thursday, August 13th. Stockholders of record on Friday, August 28th will be given a dividend of 0.40 per share by the financial services provider on Friday, September 11th. This represents a c) annualized dividend and a dividend yield of 9.4%. The ex-dividend date of this dividend is Friday, August 28th.
Barings Corporate Investors Trading Up 1.9%
Shares of NYSE MCI opened at $17.05 on Friday. The company has a 50 day simple moving average of $17.09 and a 200 day simple moving average of $18.22. Barings Corporate Investors has a 1 year low of $16.21 and a 1 year high of $23.00.
About Barings Corporate Investors
Barings Corporate Investors (NYSE: MCI) is a closed-end management investment company that seeks to provide investors with high current income and capital preservation. The fund primarily invests in a diversified portfolio of corporate debt securities and loans, focusing on investment-grade and below investment-grade credit issued by U.S. and international companies.
The fund’s investment strategy centers on identifying opportunities across the corporate credit spectrum, including senior secured loans, high-yield bonds, and other fixed-income instruments.
Recommended Stories
- Five stocks we like better than Barings Corporate Investors
- MarketBeat Week in Review – 08/10 – 08/14
- Sony and TSMC’s $4.7 Billion Venture Is About More Than Camera Sensors
- Quantum Leaps: Debt-Free as AI Storage Demand Accelerates
- NVIDIA’s $500 Billion GPU Financing Deal Fuels Path Toward $270
Receive News & Ratings for Barings Corporate Investors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Barings Corporate Investors and related companies with MarketBeat.com's FREE daily email newsletter.
