Carlyle Credit Income Fund (CCIF) to Issue Monthly Dividend of $0.10 on September 29th

Carlyle Credit Income Fund (NYSE:CCIF) declared a monthly dividend on Tuesday, September 12th, Zacks reports. Shareholders of record on Friday, September 22nd will be paid a dividend of 0.099 per share on Friday, September 29th. This represents a $1.19 dividend on an annualized basis and a yield of 14.23%. The ex-dividend date of this dividend is Thursday, September 21st.

Carlyle Credit Income Fund Price Performance

Shares of NYSE CCIF opened at $8.35 on Tuesday. Carlyle Credit Income Fund has a fifty-two week low of $7.48 and a fifty-two week high of $10.16.

Insiders Place Their Bets

In related news, major shareholder Subsidiary Holdings L.L.C. Cg acquired 1,269,537 shares of the stock in a transaction that occurred on Tuesday, September 12th. The stock was purchased at an average cost of $8.52 per share, for a total transaction of $10,816,455.24. Following the purchase, the insider now directly owns 4,785,628 shares in the company, valued at $40,773,550.56. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

About Carlyle Credit Income Fund

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.