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

Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIK) declared a monthly dividend on Monday, August 3rd. Investors of record on Monday, August 17th will be paid a dividend of 0.02 per share on Monday, August 24th. This represents a c) annualized dividend and a dividend yield of 9.8%. The ex-dividend date is Monday, August 17th.

Credit Suisse Asset Management Income Fund Price Performance

Shares of Credit Suisse Asset Management Income Fund stock opened at $2.44 on Tuesday. The business’s 50 day simple moving average is $2.47 and its 200 day simple moving average is $2.59. Credit Suisse Asset Management Income Fund has a 52-week low of $2.42 and a 52-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.