Carlyle Credit Income Fund (CCIF) to Issue Monthly Dividend of $0.06 on May 29th

Carlyle Credit Income Fund (NYSE:CCIF) declared a monthly dividend on Wednesday, February 25th. Investors of record on Monday, May 18th will be paid a dividend of 0.06 per share on Friday, May 29th. This represents a c) annualized dividend and a yield of 21.9%. The ex-dividend date is Monday, May 18th.

Carlyle Credit Income Fund Stock Down 5.3%

CCIF opened at $3.29 on Friday. The business has a 50 day moving average price of $4.37 and a two-hundred day moving average price of $5.03. Carlyle Credit Income Fund has a 52 week low of $3.22 and a 52 week high of $7.90.

Carlyle Credit Income Fund (NYSE:CCIF) last released its earnings results on Wednesday, February 25th. The company reported $999.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.17 by $998.83. The company had revenue of $7.12 million during the quarter, compared to analyst estimates of $7.82 million.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Bulldog Investors LLP boosted its position in shares of Carlyle Credit Income Fund by 2.7% in the 4th quarter. Bulldog Investors LLP now owns 337,241 shares of the company’s stock worth $1,582,000 after buying an additional 8,826 shares in the last quarter. J.W. Cole Advisors Inc. raised its position in Carlyle Credit Income Fund by 18.0% during the fourth quarter. J.W. Cole Advisors Inc. now owns 305,394 shares of the company’s stock worth $1,432,000 after acquiring an additional 46,681 shares during the last quarter. Thomas J. Herzfeld Advisors Inc. lifted its holdings in shares of Carlyle Credit Income Fund by 497.1% in the fourth quarter. Thomas J. Herzfeld Advisors Inc. now owns 201,113 shares of the company’s stock valued at $943,000 after purchasing an additional 167,429 shares in the last quarter. Almitas Capital LLC purchased a new stake in shares of Carlyle Credit Income Fund in the fourth quarter valued at about $738,000. Finally, Eagle Point Credit Management LLC acquired a new stake in shares of Carlyle Credit Income Fund in the fourth quarter valued at approximately $729,000.

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. It seeks to benchmark the performance of its portfolio against the Barclays Capital U.S. Mortgage Backed Securities Index. Carlyle Credit Income Fund was formed on December 30, 2011 and is domiciled in the United States.