CareCloud ( (CCLD) ) just unveiled an announcement.
On March 14, 2025, CareCloud announced that its Board of Directors declared monthly cash dividends for its Series A and Series B Cumulative Redeemable Perpetual Preferred Stock for March and April 2025. The dividends reflect an 8.75% annual rate, with additional payments for Series A due to previous higher dividend rates. The announcement also noted the mandatory conversion of Series A Preferred Stock into common stock on March 6, 2025, leading to its delisting from the Nasdaq Global Market. This move may impact stakeholders by altering the company’s stock structure and market presence.
More about CareCloud
CareCloud is a leader in healthcare technology and generative AI solutions, providing services to medical practices and health systems across the nation. The company offers a suite of technology-enabled solutions aimed at improving financial and operational performance, streamlining clinical workflows, and enhancing the patient experience. Its products include revenue cycle management, practice management, electronic health records, business intelligence, patient experience management, and digital health solutions.
YTD Price Performance: -58.01%
Average Trading Volume: 698,515
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $26.01M
For a thorough assessment of CCLD stock, go to TipRanks’ Stock Analysis page.