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

Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIK) announced a monthly dividend on Tuesday, September 1st. Shareholders of record on Wednesday, September 16th will be paid a dividend of 0.02 per share on Wednesday, September 23rd. This represents a c) annualized dividend and a yield of 9.9%. The ex-dividend date of this dividend is Wednesday, September 16th.

Credit Suisse Asset Management Income Fund Trading Up 0.6%

Shares of Credit Suisse Asset Management Income Fund stock traded up $0.01 during trading on Wednesday, hitting $2.44. 11,052 shares of the company’s stock traded hands, compared to its average volume of 491,561. Credit Suisse Asset Management Income Fund has a 1 year low of $2.42 and a 1 year high of $3.04. The business has a 50-day simple moving average of $2.45 and a 200-day simple moving average of $2.53.

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.