Barings Participation Investors Declares $0.10 Dividend
Barings Participation Investors (NYSE:MPV) has announced a dividend of $0.10 per share, according to a report released on Friday, December 13th. This dividend is set to be distributed on Friday, January 17th, to shareholders who are on record as of Monday, December 30th. The anticipated dividend yield for this distribution is approximately 8.6%. Investors should note that the ex-dividend date for this payment is also Monday, December 30th.
Stock Performance Overview
On Friday, shares of Barings Participation Investors saw a slight increase, trading up $0.03 to reach a price of $17.15. A total of 20,768 shares changed hands, which is higher than the average trading volume of 19,909 shares. The stock's 50-day moving average stands at $16.89, while the 200-day moving average is $16.44. Over the past year, the highest price reached by the stock was $17.66, while the lowest was $13.90.
About Barings Participation Investors
Barings Participation Investors operates as a closed-end fixed income mutual fund. It is launched and managed by Barings LLC, focusing its investments on the fixed income markets within the United States. The fund primarily invests in below-investment grade long-term corporate debt obligations, which are directly obtained from their issuers.
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