Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIK – Get Free Report) declared a monthly dividend on Tuesday, February 3rd. Investors of record on Tuesday, February 17th will be paid a dividend of 0.0225 per share on Tuesday, February 24th. This represents a c) annualized dividend and a yield of 9.6%. The ex-dividend date is Tuesday, February 17th.
Credit Suisse Asset Management Income Fund Trading Up 0.2%
Shares of Credit Suisse Asset Management Income Fund stock traded up $0.01 during trading hours on Wednesday, reaching $2.83. 103,715 shares of the company’s stock were exchanged, compared to its average volume of 295,605. The company has a 50 day moving average of $2.83 and a two-hundred day moving average of $2.89. Credit Suisse Asset Management Income Fund has a fifty-two week low of $2.56 and a fifty-two week high of $3.04.
Credit Suisse Asset Management Income Fund Company Profile
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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