Carlyle Group Inc. 4.625% Subordinated Notes due 2061 (NASDAQ:CGABL) Stock Price Down 0.9% – Time to Sell?

The Carlyle Group Inc. 4.625% Subordinated Notes due 2061 (NASDAQ:CGABL)’s share price fell 0.9% during trading on Thursday . The stock traded as low as $17.63 and last traded at $17.66. 22,121 shares traded hands during trading, a decline of 7% from the average session volume of 23,904 shares. The stock had previously closed at $17.82.

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

The stock has a 50-day moving average of $17.48 and a two-hundred day moving average of $17.87.

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

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 15th. Stockholders of record on Friday, May 1st will be issued a $0.2891 dividend. This represents a $1.16 dividend on an annualized basis and a dividend yield of 6.5%. The ex-dividend date is Friday, May 1st.

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.