Carlyle Credit Income Fund to Issue Monthly Dividend of $0.10 (NYSE:CCIF)

Carlyle Credit Income Fund (NYSE:CCIF) announced a monthly dividend on Thursday, September 14th, Wall Street Journal reports. Shareholders of record on Friday, November 17th will be given a dividend of 0.0994 per share on Thursday, November 30th. This represents a $1.19 annualized dividend and a yield of 14.35%. The ex-dividend date is Thursday, November 16th.

Carlyle Credit Income Fund Price Performance

CCIF stock opened at $8.31 on Friday. Carlyle Credit Income Fund has a twelve month low of $7.48 and a twelve month high of $10.16.

Insider Buying and Selling at Carlyle Credit Income Fund

In related news, major shareholder Subsidiary Holdings L.L.C. Cg bought 1,269,537 shares of the company’s stock in a transaction dated Tuesday, September 12th. The stock was bought at an average price of $8.52 per share, with a total value of $10,816,455.24. Following the transaction, the insider now owns 4,785,628 shares of the company’s stock, valued at $40,773,550.56. The acquisition was disclosed in a legal filing with the SEC, which is available at this link.

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.