Carlyle Credit Income Fund
CCIFFinancial Services · Stock · monthly payer
Forward Yield
28.24%
Annual Dividend
$0.72
Payout Ratio
420%
5-Yr Growth
32.3%
Ex-Date
Sep 18, 2026
Frequency
Monthly
Summary
As of September 2026, Carlyle Credit Income Fund (CCIF) yields 28.24% ($0.72 per share annually), with a blended fair-value estimate of $6.74 — +164% upside, so it screens as undervalued. Dividend safety grade: D (41/100). 3 years of dividend growth.
Is CCIF a good dividend stock?
Higher riskCarlyle Credit Income Fund (CCIF) pays a monthly dividend yielding 28.24% ($0.72/yr), with 3 years of growth and a dividend-safety grade of D. Treat the dividend with caution — recent cuts, a stretched payout or a falling price raise the risk.
Advantages
- Strong 32.3% 5-yr dividend growth
Risks
- Cut its dividend in 2023
- Elevated payout ratio (420%)
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
- Below-average dividend safety score
Key Data
- Dividend Yield
- 28.24%
- Payout Ratio
- 420%
- Annual Dividend
- $0.72
- 5-Yr Avg Growth
- 32.3%
- Ex-Dividend Date
- Sep 18, 2026
- Years of Growth
- 3
- Frequency
- monthly
- Beta
- —
- Market Cap
- $54.1M
- P/E Ratio
- —
- 5-Yr Total Return
- -76%
- 52-Week Range
- $2.55 – $5.95
- Dividend Safety
- D · 41/100
- Ever Cut?
- Yes (2023)
Frequently Asked Questions
CCIF Price — Last 12 Months
Daily close
Price Return
1 Year
-56%
3 Years
-69%
5 Years
-76%
52-Week Range
$2.55 – $5.95
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is CCIF worth?
Undervaluedlow confidenceOur blended fair-value estimate for Carlyle Credit Income Fund is $6.74 per share, versus a market price of $2.55. That implies 164% of upside — a margin of safety of about 62%.
Fair Value
$6.74
Current Price
$2.55
Upside
+164%
Margin of Safety
62%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model -5.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 9.3% discount rate (CAPM), -5.0% stage-1 growth, 2.5% terminal growth, -$2.43 EPS, $0.72 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
CCIF Dividend Safety Score
Risky
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 19, 2026 | — | $0.0600 | regular |
| Jul 21, 2026 | — | $0.0600 | regular |
| Jun 17, 2026 | — | $0.0600 | regular |
| May 18, 2026 | — | $0.0600 | regular |
| Apr 20, 2026 | — | $0.0600 | regular |
| Mar 19, 2026 | — | $0.0600 | regular |
| Feb 17, 2026 | — | $0.1050 | regular |
| Jan 20, 2026 | — | $0.1050 | regular |
| Dec 18, 2025 | — | $0.1050 | regular |
| Nov 17, 2025 | — | $0.1050 | regular |
| Oct 21, 2025 | — | $0.1050 | regular |
| Sep 18, 2025 | — | $0.1050 | regular |
| Aug 19, 2025 | — | $0.1050 | regular |
| Jul 21, 2025 | — | $0.1050 | regular |
Income Calculator
At $0.72 / yr per share
