Short Interest in The Carlyle Group Inc. 4.625% Subordinated Notes due 2061 (NASDAQ:CGABL) Drops By 38.6%

The Carlyle Group Inc. 4.625% Subordinated Notes due 2061 (NASDAQ:CGABL) saw a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 20,524 shares, a decrease of 38.6% from the April 30th total of 33,453 shares. Based on an average daily volume of 15,696 shares, the days-to-cover ratio is currently 1.3 days.

Carlyle Group Inc. 4.625% Subordinated Notes due 2061 Trading Up 0.5%

Shares of CGABL traded up $0.08 during trading hours on Thursday, hitting $16.25. 2,690 shares of the stock were exchanged, compared to its average volume of 26,444. Carlyle Group Inc. 4.625% Subordinated Notes due 2061 has a fifty-two week low of $16.10 and a fifty-two week high of $18.80. The business has a 50-day moving average of $17.09 and a 200-day moving average of $17.35.

Carlyle Group Inc. 4.625% Subordinated Notes due 2061 Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Saturday, August 15th. Stockholders of record on Saturday, August 1st will be paid a $0.2891 dividend. This represents a $1.16 dividend on an annualized basis and a dividend yield of 7.1%. The ex-dividend date of this dividend is Friday, July 31st.

About Carlyle Group Inc. 4.625% Subordinated Notes due 2061

The Carlyle Group Inc 4.625% Subordinated Notes due 2061 (Nasdaq: CGABL) are unsecured, subordinated debt securities issued by The Carlyle Group Inc, a global alternative asset manager. These notes pay a fixed annual interest rate of 4.625%, with interest typically paid semi-annually. As subordinated obligations, they rank below the company’s senior debt but above its equity in the event of liquidation. The notes mature in 2061, at which point the principal amount is payable, unless earlier redeemed or repurchased by the issuer under the terms set forth in the offering documents.

The issuance of these subordinated notes is intended to support Carlyle’s ongoing capital needs, including general corporate purposes and potential growth initiatives across its various investment platforms.