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

Posted by Shelly Janes on Feb 28th, 2025

Carlyle Credit Income Fund (NYSE:CCIF – Get Free Report) declared a monthly dividend on Thursday, February 27th, 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 $1.26 dividend on an annualized basis and a yield of 16.48%. The ex-dividend date is Monday, May 19th.

Carlyle Credit Income Fund has raised its dividend by an average of 6.2% per year over the last three years.

Carlyle Credit Income Fund Trading Down 0.1 %

NYSE:CCIF opened at $7.65 on Friday. Carlyle Credit Income Fund has a fifty-two week low of $7.54 and a fifty-two week high of $8.80. The stock has a fifty day moving average price of $7.82 and a 200-day moving average price of $8.14.

Carlyle Credit Income Fund (NYSE:CCIF – Get Free Report) last posted its quarterly earnings results on Wednesday, February 26th. The company reported $0.44 EPS for the quarter, beating analysts’ consensus estimates of $0.30 by $0.14. The company had revenue of $8.27 million during the quarter, compared to analyst estimates of $8.22 million.

Wall Street Analyst Weigh In

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 target for the company.

Check Out Our Latest Research Report on CCIF

Insider Activity

In related news, Director Joan Y. Mccabe bought 18,079 shares of the company’s stock in a transaction dated Wednesday, December 18th. The stock was purchased at an average price of $8.02 per share, with a total value of $144,993.58. Following the completion of the acquisition, the director now 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 purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

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.