Carlyle Credit Income Fund (CCIF) Set to Announce Quarterly Earnings on Wednesday

Carlyle Credit Income Fund (NYSE:CCIF) will be announcing its earnings results after the market closes on Wednesday, August 21st. Analysts expect the company to announce earnings of $0.34 per share for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

Carlyle Credit Income Fund (NYSE:CCIF) last issued its earnings results on Wednesday, May 29th. The company reported $0.33 earnings per share (EPS) for the quarter. The firm had revenue of $7.30 million during the quarter.

Carlyle Credit Income Fund Trading Down 0.1 %

Carlyle Credit Income Fund stock opened at $8.61 on Tuesday. The stock has a 50-day simple moving average of $8.29 and a 200 day simple moving average of $8.10. Carlyle Credit Income Fund has a 52 week low of $7.43 and a 52 week high of $9.19.

Carlyle Credit Income Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, August 30th. Stockholders of record on Tuesday, August 20th will be given a $0.105 dividend. The ex-dividend date is Tuesday, August 20th. This represents a $1.26 dividend on an annualized basis and a dividend yield of 14.63%.

Wall Street Analysts Forecast Growth

Separately, B. Riley started coverage on Carlyle Credit Income Fund in a research note on Tuesday, June 4th. They issued a “buy” rating and a $9.00 price target on the stock.

Insider Activity

In related news, Director Joan Y. Mccabe bought 5,950 shares of Carlyle Credit Income Fund stock in a transaction that occurred on Friday, June 21st. The stock was acquired at an average price of $8.40 per share, with a total value of $49,980.00. Following the acquisition, the director now owns 12,279 shares of the company’s stock, valued at approximately $103,143.60. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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.