CareCloud, Inc. (NASDAQ:MTBCP) to Issue $0.23 Monthly Dividend

CareCloud, Inc. (NASDAQ:MTBCP – Get Rating) announced a monthly dividend on Thursday, May 5th, Wall Street Journal reports. Stockholders of record on Sunday, July 31st will be paid a dividend of 0.2292 per share on Monday, August 15th. This represents a $2.75 dividend on an annualized basis and a dividend yield of 10.27%. The ex-dividend date is Thursday, July 28th.

Shares of NASDAQ:MTBCP opened at $26.78 on Friday. CareCloud has a 12 month low of $25.23 and a 12 month high of $30.45. The company has a 50 day moving average of $26.17 and a 200 day moving average of $27.38.

About CareCloud (Get Rating)

CareCloud, Inc brings disciplined innovation to the business of healthcare. Our suite of technology-enabled solutions helps clients increase financial and operational performance, streamline clinical workflows, and make better business and care decisions. More than 40,000 providers across the United States count on CareCloud to help them improve patient care while reducing administrative burdens and operating costs.

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