Carlyle Credit Income Fund (CCIF) to Issue Dividend of $0.11 on June 30th

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

Carlyle Credit Income Fund Price Performance

Shares of CCIF stock opened at $6.51 on Friday. Carlyle Credit Income Fund has a one year low of $5.95 and a one year high of $8.80. The company has a 50 day moving average price of $6.64 and a 200 day moving average price of $7.35.

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

Wall Street Analyst Weigh In

Separately, Oppenheimer dropped their price objective 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.