Barings Participation Investors (NYSE:MPV) to Issue $0.37 Quarterly Dividend

by · The Markets Daily

Barings Participation Investors (NYSE:MPV – Get Free Report) declared a quarterly dividend on Thursday, December 11th. Stockholders of record on Tuesday, December 30th will be paid a dividend of 0.37 per share by the financial services provider on Friday, January 16th. This represents a c) annualized dividend and a dividend yield of 7.5%. The ex-dividend date is Tuesday, December 30th.

Barings Participation Investors Stock Down 0.4%

NYSE:MPV traded down $0.08 during mid-day trading on Friday, reaching $19.76. The stock had a trading volume of 2,765 shares, compared to its average volume of 23,672. Barings Participation Investors has a 1-year low of $15.16 and a 1-year high of $21.00. The stock’s 50 day simple moving average is $19.75 and its two-hundred day simple moving average is $19.46.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. Barings LLC increased its holdings in shares of Barings Participation Investors by 0.9% in the 3rd quarter. Barings LLC now owns 280,341 shares of the financial services provider’s stock valued at $5,649,000 after acquiring an additional 2,638 shares during the last quarter. Osaic Holdings Inc. boosted its holdings in Barings Participation Investors by 8.5% in the second quarter. Osaic Holdings Inc. now owns 195,996 shares of the financial services provider’s stock worth $3,941,000 after purchasing an additional 15,329 shares during the period. LPL Financial LLC boosted its holdings in Barings Participation Investors by 330.6% in the first quarter. LPL Financial LLC now owns 147,948 shares of the financial services provider’s stock worth $2,608,000 after purchasing an additional 113,593 shares during the period. Invesco Ltd. increased its stake in Barings Participation Investors by 0.9% during the second quarter. Invesco Ltd. now owns 125,390 shares of the financial services provider’s stock valued at $2,522,000 after purchasing an additional 1,092 shares during the last quarter. Finally, Smith Asset Management Co. LLC acquired a new stake in shares of Barings Participation Investors during the first quarter worth $1,336,000.

About Barings Participation Investors

(Get Free Report)

Barings Participation Investors is a closed ended fixed income mutual fund launched and managed by Barings LLC. The fund invests in the fixed income markets of the United States. It primarily invests in below-investment grade, long-term corporate debt obligations which are directly purchased from its issuers.

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