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

Posted by Micah Haroldson on Mar 15th, 2025

Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIK – Get Free Report) announced a monthly dividend on Monday, March 3rd, Wall Street Journal reports. Shareholders of record on Monday, March 17th will be paid a dividend of 0.0225 per share on Monday, March 24th. This represents a $0.27 annualized dividend and a yield of 9.31%. The ex-dividend date of this dividend is Monday, March 17th.

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 Trading Up 0.3 %

Shares of NYSEAMERICAN:CIK opened at $2.90 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 Buying and Selling at Credit Suisse Asset Management Income Fund

In other news, insider Laura A. Defelice bought 40,766 shares of the stock in a transaction on Tuesday, January 21st. The stock was purchased at an average price of $2.92 per share, with a total value of $119,036.72. Following the completion of the purchase, the insider now owns 47,402 shares of the company’s stock, valued at approximately $138,413.84. This trade represents a 614.32 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 18.63% of the company’s stock.

About Credit Suisse Asset Management Income Fund

(Get Free Report)

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.