CareCloud, Inc. (NASDAQ:CCLDO) to Issue $0.18 Monthly Dividend

CareCloud, Inc. (NASDAQ:CCLDO) declared a monthly dividend on Monday, March 17th, Wall Street Journal reports. Stockholders of record on Wednesday, April 30th will be paid a dividend of 0.1823 per share on Thursday, May 15th. This represents a $2.19 dividend on an annualized basis and a dividend yield of 11.08%. The ex-dividend date is Wednesday, April 30th.

CareCloud Price Performance

CareCloud stock traded up $0.15 during mid-day trading on Monday, reaching $19.75. 8,175 shares of the company’s stock traded hands, compared to its average volume of 7,813. CareCloud has a 12-month low of $5.17 and a 12-month high of $22.62. The stock has a 50 day moving average of $19.96 and a two-hundred day moving average of $16.54.

About CareCloud

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.