Carlyle Group Inc. 4.625% Subordinated Notes due 2061 (NASDAQ:CGABL) Trading 0.1% Higher – Still a Buy?

The Carlyle Group Inc. 4.625% Subordinated Notes due 2061 (NASDAQ:CGABL)’s stock price traded up 0.1% during mid-day trading on Friday . The company traded as high as $16.80 and last traded at $16.74. 17,375 shares traded hands during mid-day trading, a decline of 33% from the average session volume of 25,811 shares. The stock had previously closed at $16.73.

Carlyle Group Inc. 4.625% Subordinated Notes due 2061 Stock Up 0.1%

The business has a 50-day moving average of $16.82 and a 200-day moving average of $17.61.

Carlyle Group Inc. 4.625% Subordinated Notes due 2061 Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, May 15th. Investors of record on Thursday, May 1st were given a $0.2891 dividend. This represents a $1.16 dividend on an annualized basis and a dividend yield of 6.91%. The ex-dividend date of this dividend was Thursday, May 1st.

Carlyle Group Inc. 4.625% Subordinated Notes due 2061 Company Profile

biohaven is engaged in the identification and development of clinical stage compounds targeting the glutamatergic system. biohaven obtained licenses from yale university school of medicine and massachusetts general hospital regarding intellectual property relating to the use of certain glutamate modulating agents in the treatment of neuropsychiatric disorders.