The Carlyle Group Inc. 4.625% Subordinated Notes due 2061 (NASDAQ:CGABL – Get Free Report) was the target of a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 5,039 shares, a drop of 76.2% from the July 30th total of 21,162 shares. Based on an average trading volume of 14,925 shares, the short-interest ratio is currently 0.3 days.
Carlyle Group Inc. 4.625% Subordinated Notes due 2061 Price Performance
Shares of Carlyle Group Inc. 4.625% Subordinated Notes due 2061 stock traded up $0.23 on Thursday, reaching $16.22. The company had a trading volume of 12,290 shares, compared to its average volume of 23,935. The firm’s 50 day moving average price is $16.25 and its two-hundred day moving average price is $16.82. Carlyle Group Inc. 4.625% Subordinated Notes due 2061 has a 52-week low of $15.95 and a 52-week high of $18.80.
Carlyle Group Inc. 4.625% Subordinated Notes due 2061 Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Sunday, November 15th. Investors of record on Sunday, November 1st will be paid a dividend of $0.2891 per share. This represents a $1.16 dividend on an annualized basis and a yield of 7.1%. The ex-dividend date is Friday, October 30th.
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.
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