Carlyle Credit Income Fund (NYSE:CCIF) Stock Price Up 0.1%

Posted by Grant Hamersma on Apr 20th, 2024

Shares of Carlyle Credit Income Fund (NYSE:CCIF – Get Free Report) traded up 0.1% on Thursday . The company traded as high as $7.82 and last traded at $7.76. 87,271 shares traded hands during mid-day trading, an increase of 11% from the average session volume of 78,900 shares. The stock had previously closed at $7.75.

Carlyle Credit Income Fund Stock Down 0.1 %

The stock has a fifty day moving average price of $7.96 and a two-hundred day moving average price of $7.87.

Carlyle Credit Income Fund (NYSE:CCIF – Get Free Report) last posted its earnings results on Thursday, February 29th. The company reported $0.24 earnings per share for the quarter. The company had revenue of $5.34 million during the quarter.

Carlyle Credit Income Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, May 31st. Investors of record on Monday, May 20th will be given a dividend of $0.105 per share. This represents a $1.26 dividend on an annualized basis and a dividend yield of 16.26%. The ex-dividend date is Friday, May 17th.

Institutional Trading of Carlyle Credit Income Fund

A number of institutional investors and hedge funds have recently modified their holdings of CCIF. D.A. Davidson & CO. purchased a new stake in shares of Carlyle Credit Income Fund during the fourth quarter valued at approximately $80,000. Cambridge Investment Research Advisors Inc. purchased a new stake in shares of Carlyle Credit Income Fund during the fourth quarter valued at approximately $1,318,000. SageView Advisory Group LLC purchased a new stake in shares of Carlyle Credit Income Fund during the fourth quarter valued at approximately $96,000. Relative Value Partners Group LLC purchased a new stake in shares of Carlyle Credit Income Fund during the fourth quarter valued at approximately $1,118,000. Finally, Cetera Advisor Networks LLC purchased a new stake in Carlyle Credit Income Fund in the fourth quarter worth $829,000.

About Carlyle Credit Income Fund

(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.