The Carlyle Group Inc. 4.625% Subordinated Notes due 2061 (NASDAQ:CGABL) Short Interest Down 76.2% in August

The Carlyle Group Inc. 4.625% Subordinated Notes due 2061 (NASDAQ:CGABL) saw a significant decline in short interest during the month of August. As of August 14th, there was short interest totaling 5,039 shares, a decline of 76.2% from the July 30th total of 21,162 shares. Based on an average daily trading volume, of 14,925 shares, the short-interest ratio is presently 0.3 days.

Carlyle Group Inc. 4.625% Subordinated Notes due 2061 Trading Up 0.1%

CGABL stock traded up $0.02 during trading on Friday, reaching $16.11. 1,777 shares of the company’s stock were exchanged, compared to its average volume of 23,800. Carlyle Group Inc. 4.625% Subordinated Notes due 2061 has a 1-year low of $15.95 and a 1-year high of $18.80. The company’s fifty day moving average price is $16.25 and its 200-day moving average price is $16.82.

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

The business also recently declared a quarterly dividend, which will be paid on Sunday, November 15th. Shareholders of record on Sunday, November 1st will be given a dividend of $0.2891 per share. This represents a $1.16 dividend on an annualized basis and a dividend yield of 7.2%. The ex-dividend date is Friday, October 30th.

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

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.