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

Key Points

• Barings Corporate Investors has declared a quarterly dividend of $0.40 per share, payable on November 14th to stockholders recorded by November 3rd, representing a 7.9% dividend yield.
• The stock's recent trading price is $20.19, with a 50-day moving average of $21.08 and a 12-month high of $25.24.
• Barings Corporate Investors is managed by Barings LLC and primarily invests in below-investment grade, long term corporate debt obligations within the U.S. fixed income markets.

Barings Corporate Investors (NYSE:MCI - Get Free Report) announced a quarterly dividend on Thursday, October 9th, RTT News reports. Stockholders of record on Monday, November 3rd will be given a dividend of 0.40 per share by the financial services provider on Friday, November 14th. This represents a c) annualized dividend and a dividend yield of 7.9%.

Barings Corporate Investors Stock Performance

Shares of NYSE MCI traded up $0.09 during trading on Thursday, reaching $20.19. The company had a trading volume of 20,371 shares, compared to its average volume of 38,885. The stock has a 50-day moving average price of $21.08 and a two-hundred day moving average price of $20.90. Barings Corporate Investors has a twelve month low of $18.60 and a twelve month high of $25.24.

Barings Corporate Investors Company Profile

Babson Capital Corporate Investors trust is a closed ended fixed income mutual fund launched and managed by Barings LLC. It invests in fixed income markets of the United States. The fund seeks to invest in securities of companies operating across diversified sectors. It primarily invests in a portfolio of privately placed, below-investment grade, long term corporate debt obligations.

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