Barings Corporate Investors (NYSE:MCI) is expected to pay $0.30 on Nov 18, 2016. The indicated annual dividend is $1.20. Shareholders owning the stock before Nov 3, 2016 will be eligible to receive the payout. Based on Barings Corporate Investors’s current price of $17.08, the dividend is 1.76%. This dividend’s record date is Nov 7, 2016 and the announcement date is Oct 31, 2016. The stock closed at $17.08 during the last session. It is down 0.41% since March 31, 2016 and is uptrending. It has underperformed by 2.11% the S&P500.
Insitutional Activity: The institutional sentiment decreased to 1 in 2016 Q2. Its down 0.31, from 1.31 in 2016Q1. The ratio turned negative, as 4 funds sold all Barings Corporate Investors shares owned while 7 reduced positions. 3 funds bought stakes while 8 increased positions. They now own 2.00 million shares or 0.54% more from 1.99 million shares in 2016Q1.
Ladenburg Thalmann Fincl Serv Inc accumulated 2,799 shares or 0% of the stock. Retail Bank Of America De holds 115,878 shares or 0% of its portfolio. Pnc Ser Gp last reported 1,337 shares in the company. The California-based Gemmer Asset Management Limited Liability Co has invested 0% in Barings Corporate Investors (NYSE:MCI). Main Street Research Limited Liability Corporation reported 519,790 shares or 1.93% of all its holdings. Joel Isaacson And Limited Liability accumulated 0.03% or 8,200 shares. Babson Cap Mgmt Ltd Company has invested 0.08% of its portfolio in Barings Corporate Investors (NYSE:MCI). Finemark Bank & Trust accumulated 0% or 420 shares. Com Of Vermont reported 888 shares or 0% of all its holdings. Us Retail Bank De holds 0% or 13,156 shares in its portfolio. Natl Bank Of New York Mellon accumulated 0% or 25,801 shares. Davenport Limited Liability holds 0% or 43,443 shares in its portfolio. Thompson Siegel & Walmsley Limited Co reported 600 shares or 0% of all its holdings. Lpl Financial Limited Com owns 14,600 shares or 0% of their US portfolio. Franklin holds 0% of its portfolio in Barings Corporate Investors (NYSE:MCI) for 42,491 shares.
More notable recent Barings Corporate Investors (NYSE:MCI) news were published by: Nasdaq.com which released: “Barings Corporate Investors Declares Quarterly Dividend of $0.30 per Share” on October 28, 2016, also Globenewswire.com with their article: “Babson Capital Corporate Investors Will Change its Name to Barings Corporate …” published on September 07, 2016, Ft.com published: “MassMutual merger revives Barings brand” on September 12, 2016. More interesting news about Barings Corporate Investors (NYSE:MCI) were released by: Wsj.com and their article: “Stock Prices Under Threat as Global Trade Becomes a Pariah” published on October 16, 2016 as well as Globenewswire.com‘s news article titled: “Barings Supports Parthenon Capital Partners’ Recapitalization of BillingTree” with publication date: October 26, 2016.
MCI Company Profile
Barings Corporate Investors (the Trust), formerly Babson Capital Corporate Investors, incorporated on September 13, 1985, is a closed-end management investment company. The Trustâ€™s principal investments are privately placed, below-investment grade, long- term debt obligations with equity features such as common stock, warrants, conversion rights, or other equity features and, occasionally, preferred stocks. It typically purchases these investments, which are not publicly tradable, directly from their issuers in private placement transactions. These investments are typically mezzanine debt instruments with accompanying private equity securities made to small or middle market companies.
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