Barings Corporate Investors (NYSE:MCI - Get Free Report) declared a -- dividend on Friday, December 13th,Wall Street Journal reports. Shareholders of record on Monday, December 30th will be paid a dividend of 0.10 per share by the financial services provider on Friday, January 17th. This represents a yield of 8%. The ex-dividend date of this dividend is Monday, December 30th.
Barings Corporate Investors has increased its dividend payment by an average of 13.9% per year over the last three years.
Barings Corporate Investors Price Performance
Shares of MCI traded up $0.10 during trading hours on Friday, reaching $20.00. The stock had a trading volume of 28,729 shares, compared to its average volume of 31,678. The firm has a 50-day simple moving average of $19.66 and a 200 day simple moving average of $18.83. Barings Corporate Investors has a 12 month low of $16.86 and a 12 month high of $20.48.
About Barings Corporate Investors
(
Get Free Report)
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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Barings Corporate Investors, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Barings Corporate Investors wasn't on the list.
While Barings Corporate Investors currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
