Barings Corporate Investors (NYSE:MCI – Get Free Report) announced a quarterly dividend on Thursday, May 14th. Investors of record on Friday, May 29th will be paid a dividend of 0.40 per share by the financial services provider on Friday, June 12th. This represents a c) dividend on an annualized basis and a dividend yield of 9.2%. The ex-dividend date is Friday, May 29th.
Barings Corporate Investors Stock Performance
Shares of NYSE:MCI opened at $17.30 on Friday. Barings Corporate Investors has a 12 month low of $16.57 and a 12 month high of $23.00. The company’s fifty day simple moving average is $18.27 and its 200 day simple moving average is $19.57.
Barings Corporate Investors (NYSE:MCI – Get Free Report) last issued its quarterly earnings data on Thursday, May 14th. The financial services provider reported $999.00 EPS for the quarter.
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.
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