CareCloud, Inc. Plans Monthly Dividend of $0.18 (NASDAQ:CCLDP)

CareCloud, Inc. (NASDAQ:CCLDP) declared a monthly dividend on Tuesday, March 18th, Wall Street Journal reports. Investors of record on Monday, March 31st will be paid a dividend of 0.1823 per share on Tuesday, April 15th. This represents a $2.19 dividend on an annualized basis and a yield of 11.26%. The ex-dividend date is Monday, March 31st.

CareCloud has decreased its dividend payment by an average of 45.0% per year over the last three years.

CareCloud Trading Down 4.5 %

Shares of NASDAQ CCLDP traded down $0.92 during midday trading on Tuesday, hitting $19.43. The company’s stock had a trading volume of 23,200 shares, compared to its average volume of 18,033. The business’s 50 day moving average is $19.32 and its two-hundred day moving average is $16.09. CareCloud has a 12-month low of $5.21 and a 12-month high of $22.00.

CareCloud Company Profile

CareCloud, Inc, a healthcare information technology (IT) company, provides a suite of cloud-based solutions and related business services to healthcare providers and hospitals primarily in the United States. It operates in two segments, Healthcare IT and Medical Practice Management. The company’s portfolio of proprietary software and business services includes technology-enabled business solutions; cloud-based software; digital health services; healthcare IT professional services and staffing; and medical practice management services.