Carlyle Credit Income Fund (NYSE:CCIF) Announces $0.11 Monthly Dividend

Posted by Defense World Staff on Aug 24th, 2024

Carlyle Credit Income Fund (NYSE:CCIF – Get Free Report) announced a monthly dividend on Friday, August 23rd, Wall Street Journal reports. Stockholders of record on Monday, November 18th will be given a dividend of 0.105 per share on Friday, November 29th. This represents a $1.26 annualized dividend and a dividend yield of 14.40%. The ex-dividend date is Monday, November 18th.

Carlyle Credit Income Fund has increased its dividend by an average of 52.0% annually over the last three years.

Carlyle Credit Income Fund Trading Up 1.9 %

NYSE:CCIF opened at $8.75 on Friday. The company has a fifty day moving average price of $8.29 and a 200 day moving average price of $8.12. Carlyle Credit Income Fund has a one year low of $7.43 and a one year high of $8.80.

Carlyle Credit Income Fund (NYSE:CCIF – Get Free Report) last announced its quarterly earnings data on Wednesday, May 29th. The company reported $0.33 EPS for the quarter. The company had revenue of $7.30 million for the quarter.

Insider Activity

In other Carlyle Credit Income Fund news, Director Joan Y. Mccabe bought 5,950 shares of the firm’s stock in a transaction dated Friday, June 21st. The shares were acquired at an average cost of $8.40 per share, for a total transaction of $49,980.00. Following the transaction, the director now owns 12,279 shares in the company, valued at $103,143.60. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Analysts Set New Price Targets

Separately, B. Riley began coverage on Carlyle Credit Income Fund in a research report on Tuesday, June 4th. They set a “buy” rating and a $9.00 price objective on the stock.

Check Out Our Latest Stock Analysis on CCIF

Carlyle Credit Income Fund Company Profile

(Get Free Report)

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.