Barings Corporate Investors Announces Quarterly Cash Dividend Of $0.40 Per Share

Rhea-AI Summary

Barings Corporate Investors (NYSE: MCI) has declared a quarterly dividend of $0.40 per share, payable on November 15, 2024, to shareholders of record on November 4, 2024. The Trust will report preliminary financial results for the third quarter of 2024 on November 14, 2024.

Barings Corporate Investors is a closed-end management investment company advised by Barings Barings is a $409+ billion global investment manager (as of June 30, 2024) focusing on public and private fixed income, real estate, and specialist equity markets. The firm, a subsidiary of MassMutual, has investment professionals across North America, Europe, and Asia Pacific.

Positive

• Quarterly dividend of $0.40 per share declared
• Consistent dividend payment schedule maintained
• Barings manages a substantial $409+ billion in assets

Negative

• None.

CHARLOTTE, N.C.--(BUSINESS WIRE)-- The Board of Trustees of Barings Corporate Investors (NYSE: MCI) (the "Trust") today announced that it has declared a quarterly dividend of $0.40 per share payable on November 15, 2024, to shareholders of record on November 4, 2024. The Trust will report preliminary financial results for the third quarter of 2024 on November 14, 2024.

About Barings Corporate Investors

Barings Corporate Investors is a closed-end management investment company advised by Barings LLC. Its shares are traded on the New York Stock Exchange under the trading symbol ("MCI").

About Barings LLC

Barings is a $409+ billion* global investment manager sourcing differentiated opportunities and building long-term portfolios across public and private fixed income, real estate, and specialist equity markets. With investment professionals based in North America, Europe and Asia Pacific, the firm, a subsidiary of MassMutual, aims to serve its clients, communities, and employees, and is committed to sustainable practices and responsible investment. Learn more at www.barings.com.

*Assets under management as of June 30, 2024

Per share amounts are rounded to the nearest cent.

PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS

Cautionary Notice: Certain statements contained in this press release may be "forward looking" statements. Investors are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date on which they are made and which reflect management’s current estimates, projections, expectations or beliefs, and which are subject to risks and uncertainties that may cause actual results to differ materially. These statements are subject to change at any time based upon economic, market or other conditions and may not be relied upon as investment advice or an indication of the fund's trading intent. References to specific securities are not recommendations of such securities, and may not be representative of the fund's current or future investments. We undertake no obligation to publicly update forward looking statements, whether as a result of new information, future events, or otherwise.

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MediaRelations@barings.com

Source: Barings Corporate Investors

FAQ

What is the dividend amount and payment date for Barings Corporate Investors (MCI)?

Barings Corporate Investors (MCI) has declared a quarterly dividend of $0.40 per share, payable on November 15, 2024, to shareholders of record on November 4, 2024.

When will Barings Corporate Investors (MCI) report its Q3 2024 financial results?

Barings Corporate Investors (MCI) will report preliminary financial results for the third quarter of 2024 on November 14, 2024.

What is the total assets under management for Barings as of June 30, 2024?

Barings reported assets under management of $409+ billion as of June 30, 2024.

What type of investment company is Barings Corporate Investors (MCI)?

Barings Corporate Investors (MCI) is a closed-end management investment company advised by Barings