CareCloud, Inc. Announces Monthly Dividend of $0.18 (NASDAQ:CCLDP)

CareCloud, Inc. (NASDAQ:CCLDP) announced a monthly dividend on Tuesday, March 18th, Wall Street Journal reports. Stockholders of record on Monday, March 31st will be paid a dividend of 0.1823 per share on Tuesday, April 15th. This represents a $2.19 dividend on an annualized basis and a dividend yield of 11.26%. The ex-dividend date is Monday, March 31st.

CareCloud has decreased its dividend payment by an average of 45.0% per year over the last three years.

CareCloud Stock Performance

NASDAQ CCLDP traded down $0.92 on Tuesday, reaching $19.43. 23,200 shares of the company were exchanged, compared to its average volume of 18,033. The business’s fifty day moving average price is $19.32 and its 200 day moving average price is $16.09. CareCloud has a fifty-two week low of $5.21 and a fifty-two week high of $22.00.

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.