Barings Corporate Investors (MCI) Given Daily Coverage Optimism Score of 0.10

Media stories about Barings Corporate Investors (NYSE:MCI) have trended somewhat positive this week, Accern reports. Accern ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Barings Corporate Investors earned a coverage optimism score of 0.10 on Accern’s scale. Accern also gave news headlines about the financial services provider an impact score of 45.6324760349953 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

Shares of Barings Corporate Investors (MCI) traded up $0.16 during mid-day trading on Friday, hitting $15.48. The company had a trading volume of 30,824 shares, compared to its average volume of 25,057. Barings Corporate Investors has a 52-week low of $14.55 and a 52-week high of $16.36.

The firm also recently declared a quarterly dividend, which was paid on Friday, January 12th. Investors of record on Friday, December 29th were paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 7.75%. The ex-dividend date of this dividend was Thursday, December 28th.

In other Barings Corporate Investors news, insider Susan B. Sweeney purchased 3,500 shares of the firm’s stock in a transaction that occurred on Tuesday, November 7th. The stock was purchased at an average cost of $15.80 per share, with a total value of $55,300.00. Following the purchase, the insider now owns 6,980 shares of the company’s stock, valued at $110,284. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.00% of the stock is currently owned by company insiders.

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Barings Corporate Investors Company Profile

Barings Corporate Investors (the Trust), formerly Babson Capital Corporate Investors, is a closed-end management investment company. The Trust’s investment objective is to maintain a portfolio of securities providing a fixed yield and at the same time offering an opportunity for capital gains. The Trust’s principal investments are privately placed, below-investment grade, long-term debt obligations.

Insider Buying and Selling by Quarter for Barings Corporate Investors (NYSE:MCI)

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