Carlyle Credit Income Fund Plans Monthly Dividend of $0.06 (NYSE:CCIF)

Carlyle Credit Income Fund (NYSE:CCIF) declared a monthly dividend on Tuesday, May 19th. Investors of record on Wednesday, June 17th will be given a dividend of 0.06 per share on Tuesday, June 30th. This represents a c) annualized dividend and a yield of 22.4%. The ex-dividend date is Wednesday, June 17th.

Carlyle Credit Income Fund Trading Down 4.2%

Shares of CCIF opened at $3.21 on Wednesday. The stock has a 50-day simple moving average of $3.28 and a 200-day simple moving average of $4.12. Carlyle Credit Income Fund has a 1 year low of $3.01 and a 1 year high of $6.65.

Carlyle Credit Income Fund (NYSE:CCIF) last announced its quarterly earnings data on Monday, May 18th. The company reported $999.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $998.87.

Insider Activity

In related news, Director Lauren Michelle Basmadjian acquired 16,000 shares of Carlyle Credit Income Fund stock in a transaction dated Monday, March 16th. The shares were acquired at an average cost of $3.22 per share, for a total transaction of $51,520.00. Following the completion of the transaction, the director directly owned 37,448 shares of the company’s stock, valued at $120,582.56. The trade was a 74.60% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Institutional Trading of Carlyle Credit Income Fund

Institutional investors and hedge funds have recently made changes to their positions in the stock. Virtu Financial LLC acquired a new position in Carlyle Credit Income Fund in the fourth quarter valued at $74,000. XTX Topco Ltd acquired a new stake in Carlyle Credit Income Fund during the fourth quarter worth about $83,000. Almitas Capital LLC acquired a new stake in Carlyle Credit Income Fund during the fourth quarter worth about $738,000. Kovack Advisors Inc. acquired a new stake in Carlyle Credit Income Fund during the fourth quarter worth about $126,000. Finally, Thomas J. Herzfeld Advisors Inc. increased its stake in Carlyle Credit Income Fund by 497.1% during the fourth quarter. Thomas J. Herzfeld Advisors Inc. now owns 201,113 shares of the company’s stock worth $943,000 after acquiring an additional 167,429 shares during the last quarter.

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.