Carlyle Credit Income Fund (CCIF) To Go Ex-Dividend on December 18th

Carlyle Credit Income Fund (NYSE:CCIF) declared a monthly dividend on Tuesday, November 18th. Investors of record on Thursday, December 18th will be paid a dividend of 0.105 per share on Wednesday, December 31st. This represents a c) annualized dividend and a dividend yield of 26.1%. The ex-dividend date of this dividend is Thursday, December 18th.

Carlyle Credit Income Fund Price Performance

Shares of CCIF opened at $4.84 on Thursday. Carlyle Credit Income Fund has a twelve month low of $4.69 and a twelve month high of $8.31. The firm has a fifty day simple moving average of $5.41 and a two-hundred day simple moving average of $5.88.

Carlyle Credit Income Fund (NYSE:CCIF) last posted its earnings results on Tuesday, November 18th. The company reported $0.15 earnings per share for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.06). The firm had revenue of $7.74 million for the quarter, compared to the consensus estimate of $8.97 million.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. Zacks Research upgraded Carlyle Credit Income Fund from a “strong sell” rating to a “hold” rating in a report on Wednesday, October 29th. Alliance Global Partners assumed coverage on shares of Carlyle Credit Income Fund in a research note on Thursday, October 2nd. They set a “buy” rating on the stock. Finally, Industrial Alliance Securities set a $6.50 price target on shares of Carlyle Credit Income Fund in a research note on Thursday, October 2nd.

Carlyle Credit Income Fund Company Profile

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.