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

Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIK) announced a monthly dividend on Thursday, May 2nd, Wall Street Journal reports. Stockholders of record on Thursday, May 16th will be given a dividend of 0.0225 per share on Wednesday, May 22nd. This represents a $0.27 dividend on an annualized basis and a dividend yield of 9.28%. The ex-dividend date of this dividend is Wednesday, May 15th.

Credit Suisse Asset Management Income Fund Price Performance

Shares of NYSEAMERICAN:CIK traded up $0.01 during midday trading on Thursday, hitting $2.91. The company’s stock had a trading volume of 286,160 shares, compared to its average volume of 143,751. Credit Suisse Asset Management Income Fund has a 12-month low of $2.50 and a 12-month high of $3.19.

Credit Suisse Asset Management Income Fund Company Profile

Credit Suisse Asset Management Income Fund, Inc is a closed-ended fixed income mutual fund launched and managed by Credit Suisse Asset Management, LLC. The fund invests in the fixed income markets of the United States. It primarily invests in high yield corporate debt such as bonds and debentures that are rated Baa or lower by Moody's or BBB or lower by S&P.