Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIK – Get Free Report) announced a monthly dividend on Monday, August 3rd. Shareholders of record on Monday, August 17th will be given a dividend of 0.02 per share on Monday, August 24th. This represents a c) annualized dividend and a yield of 9.9%. The ex-dividend date of this dividend is Monday, August 17th.
Credit Suisse Asset Management Income Fund Stock Down 0.4%
CIK stock opened at $2.43 on Wednesday. Credit Suisse Asset Management Income Fund has a one year low of $2.42 and a one year high of $3.04. The firm has a 50-day moving average of $2.47 and a two-hundred day moving average of $2.59.
About Credit Suisse Asset Management Income Fund
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.
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