Credit Suisse Asset Management Income Fund, Inc. (CIK) to Issue Monthly Dividend of $0.02 on January 26th

Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIK) declared a monthly dividend on Friday, January 2nd. Investors of record on Friday, January 16th will be paid a dividend of 0.0225 per share on Monday, January 26th. This represents a c) dividend on an annualized basis and a yield of 9.5%. The ex-dividend date is Friday, January 16th.

Credit Suisse Asset Management Income Fund Stock Performance

NYSEAMERICAN CIK traded down $0.02 during trading hours on Wednesday, reaching $2.85. The company’s stock had a trading volume of 81,902 shares, compared to its average volume of 400,871. Credit Suisse Asset Management Income Fund has a 52 week low of $2.56 and a 52 week high of $3.04. The business has a 50-day simple moving average of $2.82 and a 200 day simple moving average of $2.91.

Credit Suisse Asset Management Income Fund Company Profile

Credit Suisse Asset Management Income Fund Inc (NYSE American: CIK) is a closed-end management investment company managed by Credit Suisse Asset Management, one of the world’s leading asset managers. The fund’s primary objective is to provide shareholders with a high level of current income, with a secondary objective of capital appreciation. It achieves this by investing in a diversified portfolio of income-producing securities across fixed-income and equity markets.

The fund typically allocates assets to a mix of investment-grade and below-investment-grade corporate bonds, bank loans, mortgage- and asset-backed securities, convertible securities and dividend-paying equities.