Barings Corporate Investors Announces Quarterly Cash Dividend of $0.40 Per Share and Special Dividend of $0.10 Per Share
Barings Corporate Investors (MCI)
US:NYSE Investor Relations:
barings.com
Company Research
Source: Business Wire
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 January 17, 2025, to shareholders of record on December 30, 2024. The Trust also announced a special distribution of $0.10 per share payable on January 17, 2025, to shareholders of record on December 30, 2024. Based on current projections through the end of 2024, the Trust expects both dividends will be comprised of net investment income. The final determination of the source and tax characteristics of these distributions will depend upon the Trust’s investment experience during its fiscal year and will be made after the Trust’s year end and will be reported on IRS Form 1099-Div.Cliff Noreen, Chairman, stated, “We are pleased to announce a special distribution of $0.10 per share in addition to the Trust’s quarterly cash dividend of $0.40 per share. The special distribution, which was
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