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

Carlyle Credit Income Fund (NYSE:CCIF) announced a monthly dividend on Friday, November 22nd,Wall Street Journal reports. Stockholders of record on Tuesday, February 18th will be given a dividend of 0.105 per share on Friday, February 28th. This represents a $1.26 dividend on an annualized basis and a dividend yield of 15.43%. The ex-dividend date of this dividend is Tuesday, February 18th.

Carlyle Credit Income Fund has raised its dividend payment by an average of 52.0% per year over the last three years.

Carlyle Credit Income Fund Stock Performance

CCIF opened at $8.17 on Friday. Carlyle Credit Income Fund has a 1 year low of $7.48 and a 1 year high of $8.80. The stock’s 50 day simple moving average is $8.28 and its 200-day simple moving average is $8.29.

Carlyle Credit Income Fund (NYSE:CCIF) last announced its quarterly earnings results on Wednesday, August 21st. The company reported $0.32 EPS for the quarter, missing the consensus estimate of $0.34 by ($0.02). The company had revenue of $7.38 million during the quarter, compared to analyst estimates of $7.51 million.

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.