Credit Suisse Asset Management Income Fund, Inc. (CIK) To Go Ex-Dividend on April 15th

Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIK) declared a monthly dividend on Wednesday, April 2nd, Wall Street Journal reports. Stockholders 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 dividend yield of 9.54%. The ex-dividend date of this dividend is Tuesday, April 15th.

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

Credit Suisse Asset Management Income Fund Stock Performance

Shares of NYSEAMERICAN:CIK opened at $2.83 on Friday. Credit Suisse Asset Management Income Fund has a 52-week low of $2.82 and a 52-week 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 acquired 40,766 shares of the business’s stock in a transaction that occurred on Tuesday, January 21st. The shares were bought at an average cost of $2.92 per share, with a total value of $119,036.72. Following the completion of the acquisition, the insider now directly owns 47,402 shares in the company, valued at $138,413.84. This represents a 614.32 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 18.63% of the stock is currently owned by corporate insiders.

About Credit Suisse Asset Management Income Fund

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.