CareCloud, Inc. (NASDAQ:CCLDP) to Issue Dividend of $0.23

CareCloud, Inc. (NASDAQ:CCLDP) declared a dividend on Wednesday, January 29th,investing.com reports. Shareholders of record on Monday, February 3rd will be paid a dividend of 0.2292 per share on Tuesday, February 18th. This represents a yield of 12.67%. The ex-dividend date of this dividend is Friday, January 31st.

CareCloud has decreased its dividend payment by an average of 45.0% per year over the last three years.

CareCloud Trading Down 0.2 %

Shares of NASDAQ:CCLDP traded down $0.04 during midday trading on Wednesday, reaching $21.44. 5,370 shares of the company were exchanged, compared to its average volume of 15,826. The stock has a fifty day simple moving average of $18.49 and a two-hundred day simple moving average of $13.59. CareCloud has a fifty-two week low of $5.21 and a fifty-two week high of $22.00.

About CareCloud

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.