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

Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIK - Get Free Report) declared a monthly dividend on Wednesday, July 2nd, Wall Street Journal reports. Investors of record on Wednesday, July 16th will be given a dividend of 0.0225 per share on Wednesday, July 23rd. This represents a $0.27 annualized dividend and a yield of 9.09%. The ex-dividend date of this dividend is Wednesday, July 16th.

Credit Suisse Asset Management Income Fund Price Performance

NYSEAMERICAN:CIK traded down $0.01 during trading hours on Friday, hitting $2.97. 261,002 shares of the company traded hands, compared to its average volume of 543,680. Credit Suisse Asset Management Income Fund has a twelve month low of $2.56 and a twelve month high of $3.13. The stock's 50-day moving average price is $2.87.

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.