Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIK – Get Free Report) announced a monthly dividend on Monday, June 1st. Stockholders of record on Monday, June 15th will be given a dividend of 0.02 per share on Tuesday, June 23rd. This represents a c) annualized dividend and a dividend yield of 9.5%. The ex-dividend date of this dividend is Monday, June 15th.
Credit Suisse Asset Management Income Fund Price Performance
CIK opened at $2.53 on Wednesday. Credit Suisse Asset Management Income Fund has a 1-year low of $2.44 and a 1-year high of $3.04. The business has a 50 day moving average of $2.55 and a 200-day moving average of $2.70.
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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