Short Interest in The Carlyle Group Inc. 4.625% Subordinated Notes due 2061 (NASDAQ:CGABL) Decreases By 35.1%

The Carlyle Group Inc. 4.625% Subordinated Notes due 2061 (NASDAQ:CGABL) was the target of a large decrease in short interest in April. As of April 30th, there was short interest totaling 33,453 shares, a decrease of 35.1% from the April 15th total of 51,520 shares. Based on an average daily volume of 8,657 shares, the days-to-cover ratio is presently 3.9 days.

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

Shares of Carlyle Group Inc. 4.625% Subordinated Notes due 2061 stock opened at $16.52 on Wednesday. Carlyle Group Inc. 4.625% Subordinated Notes due 2061 has a 12-month low of $16.43 and a 12-month high of $18.80. The firm’s 50 day simple moving average is $17.26 and its two-hundred day simple moving average is $17.45.

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. Shareholders of record on Saturday, August 1st will be paid a dividend of $0.2891 per share. The ex-dividend date is Friday, July 31st. This represents a $1.16 dividend on an annualized basis and a yield of 7.0%.

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.