Barings Corporate Investors (NYSE:MCI – Get Free Report) shares crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $18.38 and traded as high as $19.29. Barings Corporate Investors shares last traded at $19.23, with a volume of 16,648 shares traded.
Barings Corporate Investors Stock Performance
The firm’s 50 day simple moving average is $18.38 and its 200 day simple moving average is $18.13.
Barings Corporate Investors Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, September 13th. Shareholders of record on Monday, August 26th were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 8.32%. This is a positive change from Barings Corporate Investors’s previous quarterly dividend of $0.39. The ex-dividend date was Monday, August 26th.
Hedge Funds Weigh In On Barings Corporate Investors
About Barings Corporate Investors
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 Articles
- Five stocks we like better than Barings Corporate Investors
- 3 Stocks to Protect Your Portfolio from the Coronavirus Contagion
- The Average 401k Balance by Age Explained
- What Are the U.K. Market Holidays? How to Invest and Trade
- 3 Uranium Stocks To Gain as Microsoft Goes Nuclear to Power AI
- 3 Warren Buffett Stocks to Buy Now
- Biotech Boom Ahead? Key Stocks and ETFs to Watch Now
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.