Carlyle Credit Income Fund (CCIF) to Issue Monthly Dividend of $0.11 on November 29th

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 by an average of 52.0% annually over the last three years.

Carlyle Credit Income Fund Stock Performance

Shares of CCIF opened at $8.28 on Friday. Carlyle Credit Income Fund has a 1 year low of $7.43 and a 1 year high of $8.80. The stock’s 50-day moving average price is $8.31 and its two-hundred day moving average price is $8.28.

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