Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIK – Get Free Report) declared a monthly dividend on Tuesday, September 1st. Investors of record on Wednesday, September 16th will be paid a dividend of 0.02 per share on Wednesday, September 23rd. This represents a c) dividend on an annualized basis and a yield of 9.9%. The ex-dividend date is Wednesday, September 16th.
Credit Suisse Asset Management Income Fund Trading Up 0.6%
CIK traded up $0.01 during trading on Wednesday, reaching $2.44. The company had a trading volume of 11,855 shares, compared to its average volume of 491,613. The firm’s 50-day simple moving average is $2.45 and its 200 day simple moving average is $2.53. Credit Suisse Asset Management Income Fund has a 12-month low of $2.42 and a 12-month 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.
Further Reading
- Five stocks we like better than Credit Suisse Asset Management Income Fund
- From High Dividend Growth to High Yield, These 3 Stocks Just Boosted Dividend Payouts
- The Pentagon’s Grok Rollout Puts These 3 Stocks in Focus
- Copper Surges as Shifting Trade Policy and AI Demand Collide
- Ulta Beauty’s Earnings Beat Was Stronger Than the Stock’s Reaction
Receive News & Ratings for Credit Suisse Asset Management Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Credit Suisse Asset Management Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.
