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

Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIK) announced a monthly dividend on Monday, June 1st. Shareholders of record on Monday, June 15th will be paid a dividend of 0.02 per share on Tuesday, June 23rd. This represents a c) dividend on an annualized basis and a yield of 9.4%. The ex-dividend date is Monday, June 15th.

Credit Suisse Asset Management Income Fund Price Performance

CIK stock opened at $2.54 on Tuesday. Credit Suisse Asset Management Income Fund has a 12 month low of $2.44 and a 12 month high of $3.04. The company’s 50-day moving average price is $2.55 and its two-hundred day moving average price is $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.