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CareCloud Resumes Dividend Payments Reflecting Strong Performance
Company Announcements

CareCloud Resumes Dividend Payments Reflecting Strong Performance

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Invest with Confidence:

The latest update is out from CareCloud ( (CCLD) ).

On January 21, 2025, CareCloud announced the early resumption of dividend payments for its Series A and Series B Cumulative Redeemable Perpetual Preferred Stock, reflecting strong financial performance and a commitment to shareholder value. The company has declared dividends for January and February 2025 and intends to maintain a higher dividend rate for a period before adjusting to a lower rate, highlighting its success in accelerating free cash flow and its focus on achieving profitability and growth.

More about CareCloud

CareCloud is a leader in healthcare information technology and generative AI solutions, offering products and services such as revenue cycle management, practice management, electronic health records, business intelligence, and patient experience management. The company serves over 40,000 providers, helping to improve patient care and reduce administrative burdens and operating costs.

YTD Price Performance: -26.77%

Average Trading Volume: 170,657

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $45.35M

See more data about CCLD stock on TipRanks’ Stock Analysis page.

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