Barings Corporate Investors (NYSE:MCI – Get Free Report) declared a quarterly dividend on Monday, October 12th. Stockholders of record on Monday, November 2nd will be given a dividend of $0.40 per share by the financial services provider on Friday, November 13th. This represents a $1.60 annualized dividend and a dividend yield of 8.6%. The ex-dividend date is Monday, November 2nd.
Barings Corporate Investors Stock Performance
Shares of MCI opened at $18.59 on Tuesday. The company has a 50-day moving average of $18.25 and a two-hundred day moving average of $17.71. Barings Corporate Investors has a 12-month low of $16.21 and a 12-month high of $21.50.
Barings Corporate Investors Company Profile
Barings Corporate Investors (NYSE: MCI) is a closed-end investment company that seeks to provide shareholders with current income and long-term capital appreciation. The company invests primarily in privately placed, negotiated investments in middle-market companies, including senior secured loans, subordinated debt and equity securities.
MCI focuses on partnering with established businesses across a range of industries. Its investment portfolio may include both debt and equity positions, allowing the company to participate in the financing and growth of privately held and other middle-market enterprises.
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