Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIK - Get Free Report) 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 9.29%. The ex-dividend date of this dividend is Wednesday, May 15th.
Credit Suisse Asset Management Income Fund Stock Performance
Shares of NYSEAMERICAN:CIK remained flat at $2.91 during midday trading on Thursday. 286,161 shares of the stock were exchanged, compared to its average volume of 143,771. Credit Suisse Asset Management Income Fund has a 12-month low of $2.50 and a 12-month high of $3.19.
About Credit Suisse Asset Management Income Fund
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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.
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