Barings Corporate's Ex-Dividend Date Is Friday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Barings Corporate (NYSE:MCI) has announced a quarterly dividend of 35 cents per share. The ex-dividend date is Friday, meaning the stock will likely open 35 cents lower to reflect the payout. Shareholders owning MCI by the end of Thursday's session are eligible for the dividend, which will be paid out on September 08, 2023.
August 22, 2023 | 2:45 pm
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Barings Corporate's stock is likely to open lower on the ex-dividend date due to the announced dividend of 35 cents per share. The dividend will be paid out on September 08, 2023.
The announcement of a dividend often leads to a decrease in the stock price on the ex-dividend date, reflecting the amount of the dividend. In this case, Barings Corporate's stock is expected to open 35 cents lower. This is a significant event for shareholders and potential investors, hence the high relevance and importance scores.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100