Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIK – Get Free Report) announced a monthly dividend on Monday, November 2nd. Investors of record on Monday, November 16th will be paid a dividend of $0.02 per share on Monday, November 23rd. This represents a $0.24 dividend on an annualized basis and a dividend yield of 10.1%. The ex-dividend date is Monday, November 16th.
Credit Suisse Asset Management Income Fund Price Performance
Shares of Credit Suisse Asset Management Income Fund stock opened at $2.37 on Wednesday. The firm has a 50 day simple moving average of $2.35 and a 200 day simple moving average of $2.52. Credit Suisse Asset Management Income Fund has a fifty-two week low of $2.26 and a fifty-two week high of $2.89.
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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