Barings Corporate Investors Increases Quarterly Dividend From $0.39 To $0.40 Per Share
Portfolio Pulse from Benzinga Newsdesk
Barings Corporate Investors reported a net investment income of $8.6 million for Q2 2024, up from $8.07 million in Q1. The company also increased its quarterly dividend from $0.39 to $0.40 per share.
August 15, 2024 | 7:36 pm
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Barings Corporate Investors reported a net investment income of $8.6 million for Q2 2024, an increase from $8.07 million in Q1. The company also raised its quarterly dividend from $0.39 to $0.40 per share.
The increase in net investment income and the raised dividend are positive indicators of the company's financial health and profitability, likely leading to a short-term increase in stock price.
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