Carlyle Credit Income Fund (NYSE:CCIF) Announces $0.11 Monthly Dividend

Carlyle Credit Income Fund (NYSE:CCIF) announced a monthly dividend on Tuesday, November 18th. Shareholders of record on Tuesday, February 17th will be given a dividend of 0.105 per share on Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 26.1%. The ex-dividend date is Tuesday, February 17th.

Carlyle Credit Income Fund Stock Up 0.8%

NYSE:CCIF opened at $4.82 on Wednesday. Carlyle Credit Income Fund has a 52-week low of $4.76 and a 52-week high of $8.31. The stock has a fifty day simple moving average of $5.43 and a 200-day simple moving average of $5.89.

Carlyle Credit Income Fund (NYSE:CCIF) last released its quarterly earnings results on Tuesday, November 18th. The company reported $0.15 EPS for the quarter, missing the consensus estimate of $0.21 by ($0.06).

Wall Street Analysts Forecast Growth

A number of research firms recently commented on CCIF. Alliance Global Partners started coverage on Carlyle Credit Income Fund in a research note on Thursday, October 2nd. They set a “buy” rating on the stock. Industrial Alliance Securities set a $6.50 target price on Carlyle Credit Income Fund in a research report on Thursday, October 2nd. Finally, Zacks Research upgraded Carlyle Credit Income Fund from a “strong sell” rating to a “hold” rating in a report on Wednesday, October 29th.

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.