Carlyle Credit Income Fund (CCIF) To Go Ex-Dividend on June 17th

Carlyle Credit Income Fund (NYSE:CCIF) announced a dividend on Saturday, June 14th, investing.com reports. Investors of record on Wednesday, June 18th will be given a dividend of 0.105 per share on Monday, June 30th. This represents a yield of 19.35%. The ex-dividend date of this dividend is Tuesday, June 17th.

Carlyle Credit Income Fund Stock Performance

CCIF stock opened at $6.51 on Friday. The firm’s 50-day moving average price is $6.64 and its two-hundred day moving average price is $7.35. Carlyle Credit Income Fund has a 12-month low of $5.95 and a 12-month high of $8.80.

Carlyle Credit Income Fund (NYSE:CCIF) last released its quarterly earnings results on Tuesday, May 20th. The company reported $0.27 EPS for the quarter, beating analysts’ consensus estimates of $0.26 by $0.01. The business had revenue of $8.56 million for the quarter, compared to the consensus estimate of $9.04 million.

Analysts Set New Price Targets

Separately, Oppenheimer dropped their target price on shares of Carlyle Credit Income Fund from $8.00 to $7.00 and set a “market perform” rating for the company in a research report on Friday, May 23rd.

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.