Short Interest in The Carlyle Group Inc. 4.625% Subordinated Notes due 2061 (NASDAQ:CGABL) Decreases By 38.6%

The Carlyle Group Inc. 4.625% Subordinated Notes due 2061 (NASDAQ:CGABL) saw a large drop in short interest in May. As of May 15th, there was short interest totaling 20,524 shares, a drop of 38.6% from the April 30th total of 33,453 shares. Based on an average daily trading volume, of 15,696 shares, the days-to-cover ratio is currently 1.3 days.

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

CGABL traded down $0.07 during midday trading on Wednesday, hitting $16.44. 208 shares of the company traded hands, compared to its average volume of 26,751. The company’s 50-day moving average is $17.12 and its 200 day moving average is $17.37. Carlyle Group Inc. 4.625% Subordinated Notes due 2061 has a 52 week low of $16.37 and a 52 week high of $18.80.

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

The business also recently disclosed a quarterly dividend, which will be paid on Saturday, August 15th. Investors of record on Saturday, August 1st will be given 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.