Barings Global Short Duratin Hgh Yld Fnd (NYSE:BGH) declared a monthly dividend on Tuesday, February 20th, Wall Street Journal reports. Investors of record on Friday, April 20th will be given a dividend of 0.1482 per share on Tuesday, May 1st. This represents a $1.78 annualized dividend and a yield of 9.55%. The ex-dividend date of this dividend is Thursday, April 19th.
Barings Global Short Duratin Hgh Yld Fnd has decreased its dividend payment by an average of 2.9% annually over the last three years.
Barings Global Short Duratin Hgh Yld Fnd (NYSE:BGH) traded up $0.05 during midday trading on Tuesday, reaching $18.63. 61,432 shares of the company traded hands, compared to its average volume of 96,195. Barings Global Short Duratin Hgh Yld Fnd has a 52-week low of $18.35 and a 52-week high of $20.83.
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Barings Global Short Duration High Yield Fund, formerly Babson Capital Global Short Duration High Yield Fund, is a non-diversified, closed-end management investment company. The Fund’s primary investment objective is to seek as high a level of current income as the advisor determines is consistent with capital preservation.
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