2 weeks Ago By ABMN Staff
Barings Corporate Investors ( NYSE:MCI – Get Free Report )’s stock price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $18.10 and traded as low as $18.
00. Barings Corporate Investors shares last traded at $18.06, with a volume of 27,897 shares changing hands.
Barings Corporate Investors Price Performance The firm’s 50-day simple moving average is $18.34 and its 200-day simple moving average is $18.10.
Barings Corporate Investors Increases Dividend The company also recently announced a quarterly dividend, which will be paid on Friday, September 13th. Investors of record on Monday, August 26th will be given a dividend of $0.40 per share.
This is a boost from Barings Corporate Investors’s previous quarterly dividend of $0.39. The ex-dividend date is Monday, August 26th.
This represents a $1.60 dividend on an annualized basis and a yield of 8.86%.
Institutional Inflows and Outflows 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. Read More Receive News & Ratings for Barings Corporate Investors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Barings Corporate Investors and related companies with MarketBeat.com's FREE daily email newsletter .
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