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

Carlyle Credit Income Fund (NYSE:CCIF) declared a monthly dividend on Tuesday, November 18th. Stockholders of record on Thursday, December 18th will be paid a dividend of 0.105 per share on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a dividend yield of 25.7%. The ex-dividend date of this dividend is Thursday, December 18th.

Carlyle Credit Income Fund Stock Performance

NYSE:CCIF opened at $4.91 on Wednesday. The firm’s fifty day simple moving average is $5.43 and its 200 day simple moving average is $5.89. Carlyle Credit Income Fund has a twelve month low of $4.76 and a twelve month high of $8.31.

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

Hedge Funds Weigh In On Carlyle Credit Income Fund

Several large investors have recently bought and sold shares of the stock. Bulldog Investors LLP bought a new position in shares of Carlyle Credit Income Fund in the third quarter valued at approximately $1,911,000. J.W. Cole Advisors Inc. acquired a new stake in Carlyle Credit Income Fund in the first quarter worth approximately $1,275,000. Arlington Capital Management Inc. bought a new position in Carlyle Credit Income Fund during the 3rd quarter valued at $278,000. Pasadena Private Wealth LLC bought a new position in Carlyle Credit Income Fund during the 1st quarter valued at $139,000. Finally, Icon Advisers Inc. Co. acquired a new position in shares of Carlyle Credit Income Fund during the 2nd quarter valued at $124,000.

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.