Barings Participation Investors (MPV) to Issue Quarterly Dividend of $0.37 on November 13th

Barings Participation Investors (NYSE:MPV) announced a quarterly dividend on Monday, October 12th. Investors of record on Monday, November 2nd will be given a dividend of $0.37 per share by the financial services provider on Friday, November 13th. This represents a $1.48 annualized dividend and a dividend yield of 8.7%. The ex-dividend date is Monday, November 2nd.

Barings Participation Investors Stock Performance

Shares of MPV stock opened at $17.08 on Wednesday. Barings Participation Investors has a 12 month low of $15.05 and a 12 month high of $20.30. The company’s fifty day moving average price is $16.50 and its 200-day moving average price is $16.74.

Institutional Investors Weigh In On Barings Participation Investors

A number of institutional investors have recently modified their holdings of MPV. NewEdge Advisors LLC raised its position in shares of Barings Participation Investors by 48.1% in the 1st quarter. NewEdge Advisors LLC now owns 31,303 shares of the financial services provider’s stock worth $537,000 after purchasing an additional 10,161 shares during the last quarter. Cetera Investment Advisers boosted its stake in Barings Participation Investors by 4.7% in the 1st quarter. Cetera Investment Advisers now owns 105,885 shares of the financial services provider’s stock worth $1,815,000 after purchasing an additional 4,736 shares in the last quarter. Barings LLC grew its position in Barings Participation Investors by 1.0% during the 1st quarter. Barings LLC now owns 285,875 shares of the financial services provider’s stock valued at $4,900,000 after purchasing an additional 2,861 shares during the last quarter. Finally, Schwallier Wealth Management LLC grew its position in Barings Participation Investors by 4.2% during the 1st quarter. Schwallier Wealth Management LLC now owns 46,862 shares of the financial services provider’s stock valued at $803,000 after purchasing an additional 1,875 shares during the last quarter.

Barings Participation Investors Company Profile

Barings Participation Investors (NYSE: MPV) is a closed-end investment company managed by Barings LLC. The fund seeks to generate current income and long-term capital appreciation by investing primarily in privately placed securities issued by middle-market companies.

Its portfolio may include senior secured loans, subordinated debt, high-yield bonds, preferred stock and common equity. These investments can provide financing to companies that may not rely exclusively on public capital markets, while giving the fund exposure to a range of industries and business types.

Barings, an investment management firm with a global platform, is responsible for managing the fund’s portfolio, while the fund is overseen by its board of directors.