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

Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIK) announced a monthly dividend on Tuesday, July 2nd, Wall Street Journal reports. Investors of record on Wednesday, July 17th will be paid a dividend of 0.0225 per share on Tuesday, July 23rd. This represents a $0.27 dividend on an annualized basis and a dividend yield of 9.00%. The ex-dividend date of this dividend is Wednesday, July 17th.

Credit Suisse Asset Management Income Fund Stock Up 1.7 %

CIK traded up $0.05 during trading on Tuesday, reaching $3.00. 163,486 shares of the company’s stock were exchanged, compared to its average volume of 158,011. Credit Suisse Asset Management Income Fund has a fifty-two week low of $2.50 and a fifty-two week high of $3.19.

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.