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

Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIK) announced a monthly dividend on Monday, July 6th. Stockholders of record on Thursday, July 16th will be given a dividend of 0.02 per share on Thursday, July 23rd. This represents a c) annualized dividend and a dividend yield of 9.7%. The ex-dividend date of this dividend is Thursday, July 16th.

Credit Suisse Asset Management Income Fund Stock Down 0.6%

Shares of CIK stock traded down $0.01 during mid-day trading on Tuesday, hitting $2.48. The stock had a trading volume of 114,417 shares, compared to its average volume of 512,083. The company’s 50-day simple moving average is $2.51 and its 200-day simple moving average is $2.64. Credit Suisse Asset Management Income Fund has a fifty-two week low of $2.43 and a fifty-two week 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.