Carlyle Credit Income Fund (NYSE:CCIF) to Issue Dividend of $0.11

Carlyle Credit Income Fund (NYSE:CCIFGet Free Report) declared a dividend on Tuesday, March 18th, investing.com reports. Shareholders of record on Thursday, March 20th will be given a dividend of 0.105 per share on Monday, March 31st. This represents a yield of 16.51%. The ex-dividend date of this dividend is Wednesday, March 19th.

Carlyle Credit Income Fund has raised its dividend by an average of 6.2% annually over the last three years.

Carlyle Credit Income Fund Trading Down 1.8 %

CCIF opened at $7.63 on Wednesday. Carlyle Credit Income Fund has a 1-year low of $7.54 and a 1-year high of $8.80. The firm’s 50 day simple moving average is $7.74 and its two-hundred day simple moving average is $8.06.

Carlyle Credit Income Fund (NYSE:CCIFGet Free Report) last released its quarterly earnings results on Wednesday, February 26th. The company reported $0.44 earnings per share for the quarter, topping the consensus estimate of $0.30 by $0.14. The business had revenue of $8.27 million during the quarter, compared to the consensus estimate of $8.22 million.

Wall Street Analyst Weigh In

Separately, Oppenheimer initiated coverage on shares of Carlyle Credit Income Fund in a research note on Monday, December 9th. They issued a “market perform” rating and a $8.00 price objective for the company.

Read Our Latest Research Report on CCIF

About Carlyle Credit Income Fund

(Get Free Report)

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.

Further Reading

Dividend History for Carlyle Credit Income Fund (NYSE:CCIF)

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