Carlyle Credit Income Fund (NYSE:CCIF – Get Free Report) announced a — dividend on Friday, February 28th, Wall Street Journal reports. Shareholders of record on Monday, May 19th will be given a dividend of 0.105 per share on Friday, May 30th. This represents a dividend yield of 16.5%. The ex-dividend date of this dividend is Monday, May 19th.
Carlyle Credit Income Fund has increased its dividend payment by an average of 6.2% annually over the last three years.
Carlyle Credit Income Fund Price Performance
CCIF stock opened at $7.70 on Friday. The firm has a 50-day simple moving average of $7.82 and a two-hundred day simple moving average of $8.14. Carlyle Credit Income Fund has a one year low of $7.54 and a one year high of $8.80.
Analysts Set New Price Targets
Separately, Oppenheimer started coverage on shares of Carlyle Credit Income Fund in a report on Monday, December 9th. They set a “market perform” rating and a $8.00 price objective on the stock.
Check Out Our Latest Stock Analysis on CCIF
Insider Activity
In other Carlyle Credit Income Fund news, Director Joan Y. Mccabe purchased 18,079 shares of the business’s stock in a transaction that occurred on Wednesday, December 18th. The shares were bought at an average price of $8.02 per share, for a total transaction of $144,993.58. Following the acquisition, the director now owns 30,358 shares in the company, valued at $243,471.16. This represents a 147.24 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website.
About Carlyle Credit Income Fund
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.
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