Babson Capital Participation Investors (NYSE:MPV) announced a quarterly dividend on Monday, October 23rd, Wall Street Journal reports. Stockholders of record on Monday, October 30th will be paid a dividend of 0.27 per share by the financial services provider on Friday, November 10th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 7.32%. The ex-dividend date is Friday, October 27th.

Shares of Babson Capital Participation Investors (MPV) traded down 0.07% during trading on Monday, hitting $14.75. The stock had a trading volume of 9,800 shares. Babson Capital Participation Investors has a 52 week low of $13.82 and a 52 week high of $15.69. The firm has a 50-day moving average price of $14.65 and a 200 day moving average price of $14.38.

WARNING: This report was first published by American Banking News and is the sole property of of American Banking News. If you are viewing this report on another domain, it was stolen and reposted in violation of US & international trademark and copyright law. The original version of this report can be accessed at https://www.americanbankingnews.com/2017/10/23/babson-capital-participation-investors-announces-quarterly-dividend-of-0-27-mpv.html.

In other news, insider Robert Eugene Joyal sold 3,513 shares of the company’s stock in a transaction dated Thursday, August 31st. The stock was sold at an average price of $14.39, for a total value of $50,552.07. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.80% of the stock is currently owned by corporate insiders.

About Babson Capital Participation Investors

Babson Capital Participation Investors (the Trust) is a closed-end management investment company. The Trust’s investment objective is to maximize total return by providing a high level of current income, the potential for growth of income, and capital appreciation. The Trust’s principal investments are privately placed, below-investment grade, long-term debt obligations purchased directly from their issuers.

Dividend History for Babson Capital Participation Investors (NYSE:MPV)

Receive News & Ratings for Babson Capital Participation Investors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Babson Capital Participation Investors and related companies with MarketBeat.com's FREE daily email newsletter.