Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIK) Shareholders to Get $0.02 Monthly Dividend

Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIK) announced a monthly dividend on Thursday, October 1st. Shareholders of record on Thursday, October 15th will be paid a dividend of $0.02 per share on Thursday, October 22nd. This represents a $0.24 dividend on an annualized basis and a dividend yield of 10.3%. The ex-dividend date of this dividend is Thursday, October 15th.

Credit Suisse Asset Management Income Fund Stock Performance

Shares of CIK traded up $0.01 during trading hours on Friday, hitting $2.33. 27,251 shares of the company were exchanged, compared to its average volume of 507,239. The firm’s 50 day moving average is $2.41 and its 200-day moving average is $2.48. Credit Suisse Asset Management Income Fund has a 52 week low of $2.30 and a 52 week high of $3.04.

Credit Suisse Asset Management Income Fund Company Profile

Credit Suisse Asset Management Income Fund is a closed-end investment company listed on the NYSE American under the symbol CIK. The fund is designed to provide investors with a high level of current income through a professionally managed portfolio of fixed-income securities.

The fund primarily invests in corporate bonds, loans and other debt instruments, including securities that may carry below-investment-grade ratings. Its portfolio may include obligations issued by companies and other borrowers in the United States and international markets, exposing investors to credit, interest-rate and foreign-market risks.

Credit Suisse Asset Management Income Fund was established as part of Credit Suisse Asset Management’s closed-end fund offerings.