Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIK – Get Free Report) announced a monthly dividend on Thursday, January 2nd,Wall Street Journal reports. Investors of record on Thursday, January 16th will be paid a dividend of 0.0225 per share on Friday, January 24th. This represents a $0.27 annualized dividend and a dividend yield of 9.25%. The ex-dividend date of this dividend is Thursday, January 16th.
Credit Suisse Asset Management Income Fund has increased its dividend payment by an average of 3.4% per year over the last three years.
Credit Suisse Asset Management Income Fund Stock Performance
Shares of NYSEAMERICAN:CIK opened at $2.92 on Tuesday. Credit Suisse Asset Management Income Fund has a one year low of $2.82 and a one year high of $3.13.
Credit Suisse Asset Management Income Fund Company Profile
Credit Suisse Asset Management Income Fund, Inc is a closed-ended fixed income mutual fund launched and managed by Credit Suisse Asset Management, LLC. The fund invests in the fixed income markets of the United States. It primarily invests in high yield corporate debt such as bonds and debentures that are rated Baa or lower by Moody's or BBB or lower by S&P.
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