Carlyle Group Inc. 4.625% Subordinated Notes due 2061 (NASDAQ:CGABL) Trading Up 1.7% After Dividend Announcement

The Carlyle Group Inc. 4.625% Subordinated Notes due 2061 (NASDAQ:CGABL)’s stock price was up 1.7% on Wednesday after the company announced a dividend. The stock traded as high as $17.40 and last traded at $17.38. Approximately 16,347 shares were traded during mid-day trading, a decline of 34% from the average daily volume of 24,739 shares. The stock had previously closed at $17.09.

The newly announced dividend which will be paid on Saturday, February 15th. Investors of record on Saturday, February 1st were given a $0.2891 dividend. The ex-dividend date of this dividend was Friday, January 31st. This is a boost from Carlyle Group Inc. 4.625% Subordinated Notes due 2061’s previous quarterly dividend of $0.29. This represents a $1.16 dividend on an annualized basis and a dividend yield of 6.83%.

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

The business’s fifty day moving average price is $17.70 and its 200 day moving average price is $18.64.

About Carlyle Group Inc. 4.625% Subordinated Notes due 2061

biohaven is engaged in the identification and development of clinical stage compounds targeting the glutamatergic system. biohaven obtained licenses from yale university school of medicine and massachusetts general hospital regarding intellectual property relating to the use of certain glutamate modulating agents in the treatment of neuropsychiatric disorders.