Credit Suisse Asset Management Income Fund, Inc. (CIK) to Issue Monthly Dividend of $0.02 on March 23rd

Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIK) declared a monthly dividend on Monday, March 2nd. Stockholders of record on Monday, March 16th will be paid a dividend of 0.02 per share on Monday, March 23rd. This represents a c) annualized dividend and a dividend yield of 9.0%. The ex-dividend date is Monday, March 16th.

Credit Suisse Asset Management Income Fund Stock Performance

Shares of NYSEAMERICAN:CIK remained flat at $2.67 during midday trading on Wednesday. 91,911 shares of the stock traded hands, compared to its average volume of 345,925. Credit Suisse Asset Management Income Fund has a 52-week low of $2.56 and a 52-week high of $3.04. The stock’s 50 day simple moving average is $2.81 and its 200 day simple moving average is $2.86.

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.