Carlyle Credit Income Fund (NYSE:CCIF) Plans Monthly Dividend of $0.11

Carlyle Credit Income Fund (NYSE:CCIF) announced a monthly dividend on Wednesday, November 20th,NASDAQ Dividends reports. Shareholders of record on Wednesday, December 18th will be given a dividend of 0.105 per share on Tuesday, December 31st. This represents a $1.26 annualized dividend and a yield of 15.33%. The ex-dividend date of this dividend is Wednesday, December 18th.

Carlyle Credit Income Fund has raised its dividend payment by an average of 52.0% per year over the last three years.

Carlyle Credit Income Fund Stock Down 0.9 %

Shares of CCIF stock traded down $0.07 during trading hours on Thursday, reaching $8.22. 191,355 shares of the company traded hands, compared to its average volume of 90,474. The firm has a 50-day moving average price of $8.29 and a 200 day moving average price of $8.29. Carlyle Credit Income Fund has a 12-month low of $7.44 and a 12-month high of $8.80.

Carlyle Credit Income Fund (NYSE:CCIF) last released its quarterly earnings results on Wednesday, August 21st. The company reported $0.32 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.02). The company had revenue of $7.38 million for the quarter, compared to the consensus estimate of $7.51 million.

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.