CareCloud, Inc. Plans Monthly Dividend of $0.18 (NASDAQ:CCLDO)

CareCloud, Inc. (NASDAQ:CCLDO) announced a monthly dividend on Monday, March 17th, Wall Street Journal reports. Stockholders of record on Wednesday, April 30th will be given a dividend of 0.1823 per share on Thursday, May 15th. This represents a $2.19 annualized dividend and a dividend yield of 11.08%. The ex-dividend date of this dividend is Wednesday, April 30th.

CareCloud Stock Up 0.7 %

CareCloud stock traded up $0.15 during midday trading on Monday, hitting $19.75. 8,175 shares of the stock were exchanged, compared to its average volume of 7,813. The business’s 50-day moving average price is $19.96 and its 200-day moving average price is $16.54. CareCloud has a 52-week low of $5.17 and a 52-week high of $22.62.

CareCloud Company Profile

CareCloud, Inc, a healthcare information technology (IT) company, provides a suite of cloud-based solutions and related business services to healthcare providers and hospitals primarily in the United States. It operates in two segments, Healthcare IT and Medical Practice Management. The company’s portfolio of proprietary software and business services includes technology-enabled business solutions; cloud-based software; digital health services; healthcare IT professional services and staffing; and medical practice management services.