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 increase in short interest in the month of July. As of July 31st, there was short interest totaling 21,162 shares, an increase of 324.1% from the July 15th total of 4,990 shares. Based on an average trading volume of 15,355 shares, the short-interest ratio is presently 1.4 days.

Carlyle Group Inc. 4.625% Subordinated Notes due 2061 Trading Down 1.1%

Shares of CGABL stock opened at $16.09 on Friday. The business’s fifty day moving average is $16.29 and its 200-day moving average is $16.91. Carlyle Group Inc. 4.625% Subordinated Notes due 2061 has a 1 year low of $16.01 and a 1 year high of $18.80.

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

The firm also recently disclosed a quarterly dividend, which will be paid on Sunday, November 15th. Stockholders of record on Sunday, November 1st will be given a dividend of $0.2891 per share. The ex-dividend date is Friday, October 30th. This represents a $1.16 annualized dividend and a dividend yield of 7.2%.

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.