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

Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIK) declared a monthly dividend on Monday, July 6th. Stockholders of record on Thursday, July 16th will be given a dividend of 0.02 per share on Thursday, July 23rd. This represents a c) dividend on an annualized basis and a dividend yield of 9.7%. The ex-dividend date is Thursday, July 16th.

Credit Suisse Asset Management Income Fund Stock Down 0.6%

NYSEAMERICAN CIK traded down $0.01 during mid-day trading on Tuesday, reaching $2.48. 64,036 shares of the stock were exchanged, compared to its average volume of 511,877. Credit Suisse Asset Management Income Fund has a 1-year low of $2.43 and a 1-year high of $3.04. The business’s fifty day simple moving average is $2.51 and its 200 day simple moving average is $2.64.

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.