Barings Participation's Ex-Dividend Date Is Tuesday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Barings Participation (NYSE:MPV) announced a quarterly dividend of 28 cents per share, with the ex-dividend date set for Tuesday. Shareholders owning MPV as of the end of Monday's session will be eligible for the dividend payout, which will be distributed on June 9, 2023.
May 25, 2023 | 2:53 pm
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Barings Participation's stock will likely trade lower on Tuesday due to the ex-dividend date, reflecting the 28 cents per share dividend payout.
The stock will likely open 28 cents lower on Tuesday due to the ex-dividend date, as the market adjusts the stock price to reflect the dividend payout. This is a common occurrence for stocks on their ex-dividend date, and investors should be aware of this potential short-term price impact.
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