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

Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIKGet Free Report) declared a monthly dividend on Tuesday, April 2nd, Wall Street Journal reports. Investors of record on Tuesday, April 16th will be given a dividend of 0.0225 per share on Monday, April 22nd. This represents a $0.27 annualized dividend and a yield of 9.03%. The ex-dividend date is Monday, April 15th.

Credit Suisse Asset Management Income Fund has decreased its dividend by an average of 2.9% annually over the last three years.

Credit Suisse Asset Management Income Fund Trading Down 3.2 %

NYSEAMERICAN CIK opened at $2.99 on Wednesday. Credit Suisse Asset Management Income Fund has a one year low of $2.50 and a one year high of $3.19.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. CreativeOne Wealth LLC acquired a new position in Credit Suisse Asset Management Income Fund in the 2nd quarter valued at $33,000. Virtu Financial LLC acquired a new stake in shares of Credit Suisse Asset Management Income Fund in the 2nd quarter worth $32,000. SeaCrest Wealth Management LLC acquired a new stake in shares of Credit Suisse Asset Management Income Fund in the 4th quarter worth $31,000. Advisor Group Holdings Inc. increased its stake in shares of Credit Suisse Asset Management Income Fund by 30.7% in the 4th quarter. Advisor Group Holdings Inc. now owns 20,663 shares of the company’s stock worth $52,000 after acquiring an additional 4,859 shares during the last quarter. Finally, Atria Wealth Solutions Inc. acquired a new stake in shares of Credit Suisse Asset Management Income Fund in the 1st quarter worth $73,000. 29.49% of the stock is owned by institutional investors and hedge funds.

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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Dividend History for Credit Suisse Asset Management Income Fund (NYSEAMERICAN:CIK)

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