Barings Participation Investors Reports Preliminary Q1 2023 Results; Increases Quarterly Cash Dividend From $0.24 To $0.28/Share
Portfolio Pulse from Happy Mohamed
Barings Participation Investors (NYSE:MPV) reports preliminary Q1 2023 results with net investment income of $4.2 million, or $0.40 per share, and a net increase in net assets resulting from operations of $4.8 million, or $0.46 per share. The Board of Trustees declared a quarterly dividend of $0.28 per share, a 16.7% increase from the previous dividend.
May 18, 2023 | 5:10 pm
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Barings Participation Investors reports Q1 2023 results with increased net investment income and raises its quarterly dividend by 16.7% to $0.28 per share.
The increased net investment income and the raised dividend are positive news for Barings Participation Investors. The higher dividend may attract more investors, leading to a potential increase in the stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100