Carlyle Group Inc. 4.625% Subordinated Notes due 2061 (NASDAQ:CGABL) Stock Jumps 0.1% – Time to Buy?

The Carlyle Group Inc. 4.625% Subordinated Notes due 2061 (NASDAQ:CGABL – Get Free Report) shares traded up 0.1% during mid-day trading on Wednesday. The company traded as high as $15.23 and last traded at $15.16. Approximately 29,383 shares traded hands during trading, an increase of 10% from the average session volume of 26,764 shares. The stock had previously closed at $15.15.

Carlyle Group Inc. 4.625% Subordinated Notes due 2061 Stock Performance

The business’s 50-day moving average price is $15.71 and its 200 day moving average price is $16.30.

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

The company also recently declared 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. The ex-dividend date of this dividend is Friday, October 30th. This represents a $1.16 annualized dividend and a yield of 7.7%.

About Carlyle Group Inc. 4.625% Subordinated Notes due 2061

(Get Free Report)

Carlyle Group Inc 4.625% Subordinated Notes due 2061 (NASDAQ: CGABL) are debt securities issued by The Carlyle Group Inc, the publicly traded holding company associated with The Carlyle Group, a global investment firm. The notes represent a subordinated debt obligation of the issuer rather than an ownership interest in Carlyle’s investment funds or portfolio companies.

The Carlyle Group manages alternative investment strategies across global private equity, global credit and investment solutions.

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