The Carlyle Group Inc. 4.625% Subordinated Notes due 2061 (NASDAQ:CGABL) Short Interest Down 82.5% in July

The Carlyle Group Inc. 4.625% Subordinated Notes due 2061 (NASDAQ:CGABLGet Free Report) was the recipient of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 4,990 shares, a decrease of 82.5% from the June 30th total of 28,446 shares. Based on an average daily trading volume, of 15,221 shares, the short-interest ratio is currently 0.3 days.

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

NASDAQ CGABL traded up $0.02 during trading on Friday, reaching $16.30. The company’s stock had a trading volume of 4,867 shares, compared to its average volume of 25,159. The business has a 50-day moving average price of $16.37 and a 200-day moving average price of $17.05. Carlyle Group Inc. 4.625% Subordinated Notes due 2061 has a 1-year low of $16.04 and a 1-year high of $18.80.

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

The firm also recently declared a quarterly dividend, which will be paid on Sunday, November 15th. Stockholders of record on Sunday, November 1st will be issued a dividend of $0.2891 per share. The ex-dividend date is Friday, October 30th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 7.1%.

Carlyle Group Inc. 4.625% Subordinated Notes due 2061 Company Profile

(Get Free Report)

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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