The Carlyle Group Inc. 4.625% Subordinated Notes due 2061 (NASDAQ:CGABL) Short Interest Update

The Carlyle Group Inc. 4.625% Subordinated Notes due 2061 (NASDAQ:CGABL) saw a large drop in short interest in May. As of May 15th, there was short interest totaling 20,524 shares, a drop of 38.6% from the April 30th total of 33,453 shares. Based on an average daily trading volume, of 15,696 shares, the short-interest ratio is currently 1.3 days.

Carlyle Group Inc. 4.625% Subordinated Notes due 2061 Trading Down 0.4%

Carlyle Group Inc. 4.625% Subordinated Notes due 2061 stock traded down $0.07 during mid-day trading on Wednesday, hitting $16.44. The company had a trading volume of 208 shares, compared to its average volume of 26,751. Carlyle Group Inc. 4.625% Subordinated Notes due 2061 has a 12 month low of $16.37 and a 12 month high of $18.80. The stock’s 50 day moving average price is $17.12 and its two-hundred day moving average price is $17.37.

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

The company also recently announced a quarterly dividend, which will be paid on Saturday, August 15th. Shareholders of record on Saturday, August 1st will be issued a $0.2891 dividend. The ex-dividend date of this dividend is Friday, July 31st. This represents a $1.16 annualized dividend and a yield of 7.0%.

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.