Barings Corporate Investors (MCI) Lowers Quarterly Dividend 17.8% to $0.37; 9.3% Yield
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Barings Corporate Investors Announces Increased Quarterly Cash Dividend of $0.37 Per Share
October 10, 2023 4:00 PM EDTCHARLOTTE, N.C.--(BUSINESS WIRE)-- The Board of Trustees of Barings Corporate Investors (NYSE: MCI) (the "Trust") today announced that it has declared a quarterly dividend of $0.37 per share payable on November 17, 2023, to shareholders of record on November 6, 2023.
Clifford Noreen, Chairman, stated, We are pleased to announce an increase of $0.02 per share to the Trusts quarterly cash dividend, which represents a 5.7% increase over the previous dividend of $0.35 per share and a 54.2% increase since we started raising the dividend from $0.24 per share approximately one year ago. Significant growth in net investment... More
