Barings Participation Investors (NYSE:MPV) Declares $0.37 Quarterly Dividend

Key Points

• Barings Participation Investors declared a quarterly dividend of $0.37, with an annualized yield of 7.8%, payable on September 12th to investors of record by August 29th.
• As of the latest trading session, MPV stock opened at $18.89, with a 52-week range between $15.16 and $20.35.
• Institutional investors, including Oppenheimer & Co. and LPL Financial LLC, have been active in adjusting their stakes in Barings Participation Investors, indicating growing interest in the asset.

Barings Participation Investors (NYSE:MPV - Get Free Report) announced a quarterly dividend on Thursday, August 14th, RTT News reports. Investors of record on Friday, August 29th will be given a dividend of 0.37 per share by the financial services provider on Friday, September 12th. This represents a c) annualized dividend and a dividend yield of 7.8%.

Barings Participation Investors Price Performance

MPV stock opened at $18.89 on Friday. The business has a fifty day moving average of $19.19 and a two-hundred day moving average of $17.61. Barings Participation Investors has a 52-week low of $15.16 and a 52-week high of $20.35.

Institutional Investors Weigh In On Barings Participation Investors

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Oppenheimer & Co. Inc. acquired a new stake in Barings Participation Investors during the first quarter worth $316,000. LPL Financial LLC increased its stake in Barings Participation Investors by 166.5% during the fourth quarter. LPL Financial LLC now owns 34,355 shares of the financial services provider's stock worth $587,000 after acquiring an additional 21,463 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in Barings Participation Investors during the fourth quarter worth $648,000. Round Rock Advisors LLC increased its stake in Barings Participation Investors by 159.9% during the first quarter. Round Rock Advisors LLC now owns 202,238 shares of the financial services provider's stock worth $3,565,000 after acquiring an additional 124,414 shares during the last quarter. Finally, Cetera Investment Advisers increased its stake in Barings Participation Investors by 2.6% during the first quarter. Cetera Investment Advisers now owns 95,705 shares of the financial services provider's stock worth $1,687,000 after acquiring an additional 2,413 shares during the last quarter.

About Barings Participation Investors

Barings Participation Investors is a closed ended fixed income mutual fund launched and managed by Barings LLC. The fund invests in the fixed income markets of the United States. It primarily invests in below-investment grade, long-term corporate debt obligations which are directly purchased from its issuers.

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