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

Carlyle Credit Income Fund (NYSE:CCIF) declared a monthly dividend on Wednesday, August 21st,Wall Street Journal reports. Stockholders of record on Monday, November 18th will be given a dividend of 0.105 per share on Friday, November 29th. This represents a $1.26 dividend on an annualized basis and a dividend yield of 15.22%. The ex-dividend date of this dividend is Monday, November 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 Trading Up 1.2 %

Shares of CCIF stock opened at $8.28 on Friday. Carlyle Credit Income Fund has a 52-week low of $7.43 and a 52-week high of $8.80. The business’s fifty day moving average is $8.31 and its 200 day moving average is $8.29.

Carlyle Credit Income Fund (NYSE:CCIF) last released its quarterly earnings results on Wednesday, August 21st. The company reported $0.32 earnings per share for the quarter, missing the consensus estimate of $0.34 by ($0.02). The business had revenue of $7.38 million during the quarter, compared to analysts’ expectations 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.