Barings Participation Investors (NYSE:MPV) announced a quarterly dividend on Monday, December 18th, Wall Street Journal reports. Stockholders of record on Friday, December 29th will be paid a dividend of 0.27 per share by the financial services provider on Friday, January 12th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 7.59%. The ex-dividend date is Thursday, December 28th.
Shares of Barings Participation Investors (MPV) opened at $14.22 on Tuesday. Barings Participation Investors has a 1-year low of $13.82 and a 1-year high of $15.15.
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Babson Capital Participation Investors (the Trust) is a closed-end management investment company. The Trust’s investment objective is to maximize total return by providing a high level of current income, the potential for growth of income, and capital appreciation. The Trust’s principal investments are privately placed, below-investment grade, long-term debt obligations purchased directly from their issuers.
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