Short Interest in The Carlyle Group Inc. 4.625% Subordinated Notes due 2061 (NASDAQ:CGABL) Declines By 55.1%

The Carlyle Group Inc. 4.625% Subordinated Notes due 2061 (NASDAQ:CGABL) saw a large drop in short interest in June. As of June 15th, there was short interest totaling 7,148 shares, a drop of 55.1% from the May 31st total of 15,932 shares. Based on an average daily trading volume, of 14,390 shares, the days-to-cover ratio is currently 0.5 days.

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

Carlyle Group Inc. 4.625% Subordinated Notes due 2061 stock traded up $0.04 during trading hours on Wednesday, hitting $16.35. The company had a trading volume of 15,663 shares, compared to its average volume of 26,572. The company has a 50-day moving average price of $16.66 and a two-hundred day moving average price of $17.17. 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 Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Saturday, August 15th. Stockholders of record on Saturday, August 1st will be paid a dividend of $0.2891 per share. This represents a $1.16 annualized dividend and a dividend yield of 7.1%. The ex-dividend date of this dividend is Friday, July 31st.

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.