Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIK – Get Free Report) announced a monthly dividend on Monday, November 2nd. Stockholders of record on Monday, November 16th will be given a dividend of $0.02 per share on Monday, November 23rd. This represents a $0.24 annualized dividend and a dividend yield of 10.3%. The ex-dividend date of this dividend is Monday, November 16th.
Credit Suisse Asset Management Income Fund Stock Up 0.4%
Shares of NYSEAMERICAN CIK opened at $2.34 on Tuesday. The stock has a fifty day moving average price of $2.36 and a 200 day moving average price of $2.52. Credit Suisse Asset Management Income Fund has a 1-year low of $2.26 and a 1-year high of $2.90.
Credit Suisse Asset Management Income Fund Company Profile
Credit Suisse Asset Management Income Fund (NYSE American: CIK) is a closed-end investment fund designed to provide investors with a high level of current income, with capital appreciation as a secondary objective. Unlike an operating company, the fund does not sell products or services; it invests shareholders’ capital in a diversified portfolio of income-producing securities.
The fund generally focuses on fixed-income investments, which may include corporate bonds, government and government-related obligations, mortgage-backed securities and other debt instruments.
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