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

Posted by Don Miller on Mar 4th, 2025

Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIK – Get Free Report) declared a monthly dividend on Monday, March 3rd, Wall Street Journal reports. Investors of record on Monday, March 17th will be paid a dividend of 0.0225 per share on Monday, March 24th. This represents a $0.27 dividend on an annualized basis and a yield of 9.15%. The ex-dividend date of this dividend is Monday, March 17th.

Credit Suisse Asset Management Income Fund has increased its dividend payment by an average of 2.2% per year over the last three years.

Credit Suisse Asset Management Income Fund Stock Up 0.7 %

Credit Suisse Asset Management Income Fund stock traded up $0.02 during midday trading on Tuesday, reaching $2.95. The company had a trading volume of 745,287 shares, compared to its average volume of 604,381. Credit Suisse Asset Management Income Fund has a 12-month low of $2.82 and a 12-month high of $3.13.

Insider Activity at Credit Suisse Asset Management Income Fund

In other Credit Suisse Asset Management Income Fund news, insider Laura A. Defelice bought 40,766 shares of the firm’s stock in a transaction on Tuesday, January 21st. The shares were acquired at an average cost of $2.92 per share, with a total value of $119,036.72. Following the purchase, the insider now directly owns 47,402 shares of the company’s stock, valued at $138,413.84. This trade represents a 614.32 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. 18.63% of the stock is currently owned by corporate insiders.

About Credit Suisse Asset Management Income Fund

(Get Free Report)

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.