Monday Is Your Last Chance To Buy Barings Corporate Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Monday is the last day for investors to buy Barings Corporate (NYSE:MCI) shares to be eligible for the next dividend payout of 32 cents per share. The stock will go ex-dividend on Tuesday, and the dividend will be paid out on June 9, 2023.
May 25, 2023 | 2:52 pm
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NEUTRAL IMPACT
Barings Corporate (MCI) will go ex-dividend on Tuesday, with the stock likely to open 32 cents lower. Investors must own shares by end of Monday to be eligible for the 32 cents per share dividend payout.
The news directly pertains to MCI and its dividend payout. The stock will likely open lower on Tuesday due to the ex-dividend status, but this is a normal occurrence for stocks going ex-dividend. The short-term impact on the stock price is neutral, as the price adjustment is expected and does not reflect any fundamental change in the company.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100