Barings Corporate Investors (NYSE:MCI) Plans Quarterly Dividend of $0.40

Barings Corporate Investors (NYSE:MCI) announced a quarterly dividend on Thursday, August 13th. Shareholders 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 yield of 9.6%. The ex-dividend date is Friday, August 28th.

Barings Corporate Investors Stock Performance

NYSE:MCI opened at $16.67 on Friday. Barings Corporate Investors has a 12-month low of $16.21 and a 12-month high of $23.00. The stock’s 50 day moving average price is $17.09 and its two-hundred day moving average price is $18.23.

Barings Corporate Investors Company Profile

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.