The Carlyle Group Inc. 4.625% Subordinated Notes due 2061 (NASDAQ:CGABL) Declares Quarterly Dividend of $0.29

The Carlyle Group Inc. 4.625% Subordinated Notes due 2061 (NASDAQ:CGABL) declared a quarterly dividend on Monday, November 9th. Shareholders of record on Monday, February 1st will be paid a dividend of $0.2891 per share on Monday, February 15th. This represents a $1.16 dividend on an annualized basis and a yield of 8.0%. The ex-dividend date of this dividend is Monday, February 1st.

Carlyle Group Inc. 4.625% Subordinated Notes due 2061 Stock Performance

Shares of NASDAQ:CGABL traded down $0.26 during trading on Tuesday, reaching $14.44. 17,742 shares of the company traded hands, compared to its average volume of 26,954. Carlyle Group Inc. 4.625% Subordinated Notes due 2061 has a 52-week low of $14.40 and a 52-week high of $18.08. The business’s fifty day moving average is $15.43 and its 200-day moving average is $16.51.

Carlyle Group Inc. 4.625% Subordinated Notes due 2061 Company Profile

Carlyle Group Inc is a global alternative asset manager that invests on behalf of institutional and individual investors. Its strategies include private equity, credit, and real assets, as well as investment solutions that provide access to portfolios of private-market funds.

Founded in Washington, DC, in 1987, Carlyle has expanded its operations internationally and serves investors and businesses across multiple regions. The firm’s investment activities span a range of industries and markets.

CGABL represents Carlyle Group Inc 4.625% subordinated notes due 2061, rather than shares of the company’s common stock.