Ex-Div Reminder For Babson Capital Corporate Investors Fund (MCI)

Looking at the universe of stocks we cover at Dividend Channel, on 10/24/13, Babson Capital Corporate Investors Fund ( MCI) will trade ex-dividend, for its quarterly dividend of $0.30, payable on 11/8/13. As a percentage of MCI's recent stock price of $14.88, this dividend works out to approximately 2.02%, so look for shares of Babson Capital Corporate Investors Fund to trade 2.02% lower — all else being equal — when MCI shares open for trading on 10/24/13.

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Below is a dividend history chart for MCI, showing historical dividends prior to the most recent $0.30 declared by Babson Capital Corporate Investors Fund:

MCI+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from MCI is likely to continue, and whether the current estimated yield of 8.06% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of MCI shares, versus its 200 day moving average:

Babson Capital Corporate Investors Fund 200 Day Moving Average Chart

Looking at the chart above, MCI's low point in its 52 week range is $14.75 per share, with $17.95 as the 52 week high point — that compares with a last trade of $14.88.

In Wednesday trading, Babson Capital Corporate Investors Fund shares are currently up about 0.4% on the day.
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