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

Carlyle Credit Income Fund (NYSE:CCIF) declared a monthly dividend on Wednesday, November 20th,NASDAQ Dividends reports. Investors of record on Wednesday, December 18th will be given a dividend of 0.105 per share on Tuesday, December 31st. This represents a $1.26 dividend on an annualized basis and a yield of 15.33%. The ex-dividend date of this dividend is Wednesday, December 18th.

Carlyle Credit Income Fund has increased its dividend by an average of 52.0% per year over the last three years.

Carlyle Credit Income Fund Stock Performance

CCIF opened at $8.22 on Monday. The stock has a fifty day moving average of $8.22 and a 200-day moving average of $8.31. Carlyle Credit Income Fund has a 12-month low of $7.57 and a 12-month high of $8.80.

Wall Street Analysts Forecast Growth

Separately, Oppenheimer started coverage on shares of Carlyle Credit Income Fund in a research report on Monday, December 9th. They issued a “market perform” rating and a $8.00 price target for the company.

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.