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

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Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIKGet a rating) announced a monthly dividend on Thursday, June 2, the wall street journal reports. Investors of record on Thursday, June 16 will receive a dividend of 0.0225 per share on Thursday, June 23. This represents a dividend of $0.27 on an annualized basis and a yield of 9.38%. The ex-date of this dividend is Wednesday, June 15.

Credit Suisse Asset Management Income Fund has increased its dividend by an average of 3.3% per year over the past three years.

NYSEAMERICAN:CIK traded down $0.02 in midday trading on Thursday, hitting $2.88. 201,039 shares of the stock were traded, compared to its average volume of 251,702. Credit Suisse Asset Management Income Fund has a 12-month low of $2.65 and a 12-month high of 3.61 $.

Institutional investors have recently changed their stake in the company. NEXT Financial Group Inc bought a new position in Credit Suisse Asset Management Income Fund during Q4, valued at $36,000. Citadel Advisors LLC bought a new position in Credit Suisse Asset Management Income Fund during Q2, valued at $42,000. Royal Bank of Canada increased its position in Credit Suisse Asset Management Income Fund by 26.6% during the second quarter. Royal Bank of Canada now owns 22,273 shares of the company valued at $79,000 after purchasing an additional 4,686 shares during the period. Atria Wealth Solutions Inc. bought a new position in Credit Suisse Asset Management Income Fund during Q1 worth $73,000. Finally, Advisor Group Holdings Inc. increased its position in shares of Credit Suisse Asset Management Income Fund by 118.7% in the 1st quarter. Advisor Group Holdings Inc. now owns 35,142 shares of the company worth $107,000 after purchasing an additional 19,076 shares during the period. 22.27% of the shares are currently held by institutional investors and hedge funds.

About Credit Suisse Asset Management Income Fund (Get a rating)

Credit Suisse Asset Management Income Fund, Inc is a closed-end bond mutual fund launched and managed by Credit Suisse Asset Management, LLC. The fund invests in US bond markets. It invests primarily in high-yielding corporate debt securities, such as bonds and debentures rated Baa or lower by Moody’s or BBB or lower by S&P.

See also

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



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