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

Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIK) 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) dividend on an annualized basis and a yield of 9.8%. The ex-dividend date of this dividend is Monday, August 17th.

Credit Suisse Asset Management Income Fund Stock Performance

Shares of CIK opened at $2.44 on Tuesday. The business has a 50-day simple moving average of $2.47 and a two-hundred day simple moving average of $2.59. Credit Suisse Asset Management Income Fund has a 52 week low of $2.42 and a 52 week high of $3.04.

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.