The Carlyle Group Inc. 4.625% Subordinated Notes due 2061 (NASDAQ:CGABL) Short Interest Down 82.5% in July

The Carlyle Group Inc. 4.625% Subordinated Notes due 2061 (NASDAQ:CGABL) saw a large decline in short interest in July. As of July 15th, there was short interest totaling 4,990 shares, a decline of 82.5% from the June 30th total of 28,446 shares. Based on an average trading volume of 15,221 shares, the days-to-cover ratio is currently 0.3 days.

Carlyle Group Inc. 4.625% Subordinated Notes due 2061 Price Performance

Shares of NASDAQ CGABL traded up $0.02 during mid-day trading on Friday, reaching $16.30. The company had a trading volume of 4,867 shares, compared to its average volume of 25,159. The stock has a fifty day moving average of $16.37 and a two-hundred day moving average of $17.05. Carlyle Group Inc. 4.625% Subordinated Notes due 2061 has a 12-month low of $16.04 and a 12-month high of $18.80.

Carlyle Group Inc. 4.625% Subordinated Notes due 2061 Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Sunday, November 15th. Shareholders of record on Sunday, November 1st will be paid a $0.2891 dividend. This represents a $1.16 annualized dividend and a yield of 7.1%. The ex-dividend date is Friday, October 30th.

About Carlyle Group Inc. 4.625% Subordinated Notes due 2061

The Carlyle Group Inc 4.625% Subordinated Notes due 2061 (Nasdaq: CGABL) are unsecured, subordinated debt securities issued by The Carlyle Group Inc, a global alternative asset manager. These notes pay a fixed annual interest rate of 4.625%, with interest typically paid semi-annually. As subordinated obligations, they rank below the company’s senior debt but above its equity in the event of liquidation. The notes mature in 2061, at which point the principal amount is payable, unless earlier redeemed or repurchased by the issuer under the terms set forth in the offering documents.

The issuance of these subordinated notes is intended to support Carlyle’s ongoing capital needs, including general corporate purposes and potential growth initiatives across its various investment platforms.