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

CareCloud, Inc. (NASDAQ:CCLDO) announced a monthly dividend on Tuesday, March 18th, Wall Street Journal reports. Stockholders of record on Wednesday, April 30th will be paid a dividend of 0.1823 per share on Thursday, May 15th. This represents a $2.19 dividend on an annualized basis and a dividend yield of 11.30%. The ex-dividend date is Wednesday, April 30th.

CareCloud Trading Down 1.9 %

Shares of CareCloud stock opened at $19.36 on Wednesday. CareCloud has a 12-month low of $5.17 and a 12-month high of $22.62. The business’s 50 day moving average is $19.99 and its 200-day moving average is $16.65.

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.