The Carlyle Group Inc. 4.625% Subordinated Notes due 2061 (CGABL) to Distribute Quarterly Dividend of $0.29 on August 15th

The Carlyle Group Inc. 4.625% Subordinated Notes due 2061 (NASDAQ:CGABL) announced a quarterly dividend on Friday, January 1st. Stockholders of record on Saturday, August 1st will be given a dividend of 0.2891 per share on Saturday, August 15th. This represents a c) annualized dividend and a dividend yield of 7.1%. The ex-dividend date of this dividend is Friday, July 31st.

Carlyle Group Inc. 4.625% Subordinated Notes due 2061 Trading Down 0.1%

Shares of NASDAQ:CGABL opened at $16.35 on Wednesday. The business’s fifty day moving average price is $16.37 and its two-hundred day moving average price is $17.03. Carlyle Group Inc. 4.625% Subordinated Notes due 2061 has a fifty-two week low of $16.04 and a fifty-two week high of $18.80.

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.