Barings Corporate Investors Boosts Quarterly Dividend By 5.7% From $0.35 To $0.37 Per Share
Portfolio Pulse from Benzinga Newsdesk
Barings Corporate Investors has increased its quarterly dividend by 5.7% from $0.35 to $0.37 per share. The dividend will be payable on November 17, 2023, to shareholders of record on November 6, 2023.
October 10, 2023 | 8:02 pm
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Barings Corporate Investors (MCI) has increased its quarterly dividend by 5.7%, which may make the stock more attractive to income-focused investors.
Dividend increases are generally seen as a positive signal by the market, indicating a company's confidence in its future earnings. This could potentially attract more investors, driving up the demand and price of the stock.
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