Carlyle Credit Income Fund (NYSE:CCIF – Get Free Report) announced a monthly dividend on Wednesday, February 26th, NASDAQ Dividends reports. Stockholders of record on Wednesday, March 19th will be given a dividend of 0.105 per share on Monday, March 31st. This represents a $1.26 annualized dividend and a dividend yield of 16.48%. The ex-dividend date of this dividend is Wednesday, March 19th.
Carlyle Credit Income Fund has increased its dividend payment by an average of 6.2% per year over the last three years.
Carlyle Credit Income Fund Stock Down 0.1 %
Shares of CCIF stock opened at $7.65 on Friday. The business’s fifty day moving average price is $7.82 and its 200 day moving average price is $8.14. Carlyle Credit Income Fund has a 1-year low of $7.54 and a 1-year high of $8.80.
Analyst Upgrades and Downgrades
Separately, Oppenheimer assumed coverage on shares of Carlyle Credit Income Fund in a research report on Monday, December 9th. They set a “market perform” rating and a $8.00 price target for the company.
Get Our Latest Stock Analysis on CCIF
Insider Activity
In related news, Director Joan Y. Mccabe acquired 18,079 shares of Carlyle Credit Income Fund stock in a transaction dated Wednesday, December 18th. The shares were acquired at an average cost of $8.02 per share, for a total transaction of $144,993.58. Following the completion of the transaction, the director now directly owns 30,358 shares of the company’s stock, valued at $243,471.16. The trade was a 147.24 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.
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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