The Carlyle Group Inc. 4.625% Subordinated Notes due 2061 (NASDAQ:CGABL – Get Free Report) was the target of a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 6,836 shares, a drop of 44.0% from the September 30th total of 12,198 shares. Based on an average daily trading volume, of 24,942 shares, the days-to-cover ratio is currently 0.3 days.
Carlyle Group Inc. 4.625% Subordinated Notes due 2061 Stock Performance
NASDAQ:CGABL traded down $0.45 during trading hours on Friday, hitting $14.40. The company had a trading volume of 60,096 shares, compared to its average volume of 26,625. The stock has a 50-day moving average price of $15.58 and a 200 day moving average price of $16.59. Carlyle Group Inc. 4.625% Subordinated Notes due 2061 has a 52 week low of $14.40 and a 52 week high of $18.08.
Carlyle Group Inc. 4.625% Subordinated Notes due 2061 Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Sunday, November 15th. Stockholders of record on Sunday, November 1st will be given a $0.2891 dividend. The ex-dividend date of this dividend is Friday, October 30th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 8.0%.
Carlyle Group Inc. 4.625% Subordinated Notes due 2061 Company Profile
Carlyle Group Inc 4.625% Subordinated Notes due 2061 (NASDAQ: CGABL) are debt securities issued by The Carlyle Group Inc, the publicly traded holding company associated with The Carlyle Group, a global investment firm. The notes represent a subordinated debt obligation of the issuer rather than an ownership interest in Carlyle’s investment funds or portfolio companies.
The Carlyle Group manages alternative investment strategies across global private equity, global credit and investment solutions.
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