Carlyle Group Inc. 4.625% Subordinated Notes due 2061 (NASDAQ:CGABL) Stock Price Up 1.7% Following Dividend Announcement

The Carlyle Group Inc. 4.625% Subordinated Notes due 2061 (NASDAQ:CGABL)’s stock price traded up 1.7% during mid-day trading on Wednesday following a dividend announcement from the company. The company traded as high as $17.40 and last traded at $17.38. 16,347 shares traded hands during trading, a decline of 34% from the average session volume of 24,739 shares. The stock had previously closed at $17.09.

The newly announced dividend which will be paid on Saturday, February 15th. Stockholders of record on Saturday, February 1st were paid a $0.2891 dividend. The ex-dividend date was Friday, January 31st. This represents a $1.16 dividend on an annualized basis and a dividend yield of 6.65%. This is a boost from Carlyle Group Inc. 4.625% Subordinated Notes due 2061’s previous quarterly dividend of $0.29.

Carlyle Group Inc. 4.625% Subordinated Notes due 2061 Stock Up 1.7 %

The firm has a fifty day moving average price of $17.73 and a 200 day moving average price of $18.66.

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.