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

Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIK) declared a monthly dividend on Wednesday, April 2nd, Wall Street Journal reports. Investors of record on Tuesday, April 15th will be paid a dividend of 0.0225 per share on Wednesday, April 23rd. This represents a $0.27 dividend on an annualized basis and a yield of 9.34%. The ex-dividend date of this dividend is Tuesday, April 15th.

Credit Suisse Asset Management Income Fund has raised its dividend by an average of 2.2% per year over the last three years.

Credit Suisse Asset Management Income Fund Price Performance

CIK stock opened at $2.89 on Thursday. Credit Suisse Asset Management Income Fund has a twelve month low of $2.82 and a twelve month high of $3.13.

Insider Activity at Credit Suisse Asset Management Income Fund

In other Credit Suisse Asset Management Income Fund news, insider Laura A. Defelice bought 40,766 shares of the stock in a transaction dated Tuesday, January 21st. The shares were acquired at an average cost of $2.92 per share, for a total transaction of $119,036.72. Following the completion of the transaction, the insider now owns 47,402 shares in the company, valued at approximately $138,413.84. The trade was a 614.32 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 18.63% of the company’s stock.

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.