Carlyle Credit Income Fund (NYSE:CCIF) to Post Q3 2024 Earnings of $0.34 Per Share, B. Riley Forecasts

Carlyle Credit Income Fund (NYSE:CCIFFree Report) – Analysts at B. Riley issued their Q3 2024 earnings per share estimates for Carlyle Credit Income Fund in a report released on Monday, June 3rd. B. Riley analyst M. Howlett expects that the company will earn $0.34 per share for the quarter. B. Riley has a “Strong-Buy” rating on the stock. B. Riley also issued estimates for Carlyle Credit Income Fund’s Q4 2024 earnings at $0.35 EPS, Q1 2025 earnings at $0.35 EPS, Q2 2025 earnings at $0.34 EPS, Q3 2025 earnings at $0.36 EPS, Q4 2025 earnings at $0.35 EPS, Q1 2026 earnings at $0.37 EPS and Q2 2026 earnings at $0.36 EPS.

Carlyle Credit Income Fund Stock Performance

Shares of CCIF stock opened at $8.45 on Thursday. Carlyle Credit Income Fund has a one year low of $7.43 and a one year high of $10.16. The business’s 50 day simple moving average is $7.96 and its 200 day simple moving average is $7.92.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of CCIF. Cetera Advisors LLC purchased a new stake in shares of Carlyle Credit Income Fund in the first quarter worth approximately $79,000. D.A. Davidson & CO. bought a new stake in shares of Carlyle Credit Income Fund in the 4th quarter worth $80,000. Choreo LLC purchased a new stake in shares of Carlyle Credit Income Fund in the first quarter valued at about $83,000. SageView Advisory Group LLC bought a new position in shares of Carlyle Credit Income Fund during the fourth quarter valued at about $96,000. Finally, Centaurus Financial Inc. purchased a new position in Carlyle Credit Income Fund during the fourth quarter worth about $181,000.

Carlyle Credit Income Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, August 30th. Stockholders of record on Tuesday, August 20th will be paid a $0.105 dividend. This represents a $1.26 dividend on an annualized basis and a dividend yield of 14.91%. The ex-dividend date is Tuesday, August 20th.

About Carlyle Credit Income Fund

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Carlyle Credit Income Fund is a close ended fixed income mutual fund launched and managed by Vertical Capital Asset Management, LLC. The fund is co – managed by Behringer Advisors, LLC. The Fund invests mainly in fixed-income securities. The fund invests in stocks of companies operating across diversified sectors.

Further Reading

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