Barings Participation Investors Declares Quarterly Dividend of $0.27 per Share
December 16 2016 - 2:33PM
The Board of Trustees of Barings Participation Investors (the
“Trust”) met today. The Trust’s Trustees declared a quarterly
dividend of 27 cents per share payable on January 13, 2017 to
shareholders of record on December 30, 2016. The quarterly
dividend is considered ordinary income for tax purposes and will be
reported on IRS Form 1099-Div. A 27 cent-per-share dividend
was declared in each of the three preceding quarters.
The Trustees also voted to have the Trust retain
all remaining net long-term capital gains realized by the Trust in
2016 for future growth and to pay the required federal capital
gains tax thereon. IRS Form 2439, Notice to Shareholders of
Undistributed Long-Term Capital Gains, will be mailed to
shareholders by the end of January. The Trust’s 2016
unaudited financial results are expected to be available in late
January.
Barings Participation Investors is a closed-end
management investment company advised by Barings LLC, a member of
the MassMutual Financial Group. Its shares are traded on the
New York Stock Exchange under the trading symbol ("MPV").
Cautionary Notice: Certain statements contained
in this press release may be "forward looking" statements.
Investors are cautioned not to place undue reliance on
forward-looking statements, which speak only as of the date on
which they are made and which reflect management’s current
estimates, projections, expectations or beliefs, and which are
subject to risks and uncertainties that may cause actual results to
differ materially. These statements are subject to change at
any time based upon economic, market or other conditions and may
not be relied upon as investment advice or an indication of the
fund's trading intent. References to specific securities are
not recommendations of such securities, and may not be
representative of the fund's current or future investments.
We undertake no obligation to publicly update forward looking
statements, whether as a result of new information, future events,
or otherwise.
About Barings LLCBarings is a $284 billion*
global asset management firm dedicated to meeting the evolving
investment and capital needs of our clients. We build lasting
partnerships that leverage our distinctive expertise across
traditional and alternative asset classes to deliver innovative
solutions and exceptional service. A member of the MassMutual
Financial Group, Barings maintains a strong global presence with
over 1,700 employees and 600 investment professionals across 41
offices in 17 countries. Learn more at www.barings.com.
*As of September 30, 2016
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Brian Whelan, Head of Corporate Communications, 980.417.7700, brian.whelan@barings.com
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