Barings Global Short Duratin Hgh Yld Fnd to Issue Monthly Dividend of $0.15 (BGH)
Barings Global Short Duratin Hgh Yld Fnd (NYSE:BGH) declared a monthly dividend on Tuesday, June 13th, Wall Street Journal reports. Stockholders of record on Wednesday, August 23rd will be paid a dividend of 0.1534 per share on Friday, September 1st. This represents a $1.84 annualized dividend and a dividend yield of 9.09%. The ex-dividend date is Monday, August 21st.
Barings Global Short Duratin Hgh Yld Fnd has decreased its dividend payment by an average of 2.6% annually over the last three years.
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About Barings Global Short Duratin Hgh Yld Fnd
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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