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

Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIKGet Free Report) announced a monthly dividend on Tuesday, April 2nd, Wall Street Journal reports. Stockholders of record on Tuesday, April 16th will be given a dividend of 0.0225 per share on Monday, April 22nd. This represents a $0.27 dividend on an annualized basis and a dividend yield of 9.03%. The ex-dividend date is Monday, April 15th.

Credit Suisse Asset Management Income Fund has decreased its dividend by an average of 2.9% per year over the last three years.

Credit Suisse Asset Management Income Fund Stock Performance

Shares of CIK opened at $2.99 on Wednesday. Credit Suisse Asset Management Income Fund has a one year low of $2.50 and a one year high of $3.19.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in CIK. Susquehanna International Group LLP acquired a new position in Credit Suisse Asset Management Income Fund during the fourth quarter valued at approximately $110,000. B. Riley Wealth Advisors Inc. increased its holdings in shares of Credit Suisse Asset Management Income Fund by 17.6% during the fourth quarter. B. Riley Wealth Advisors Inc. now owns 270,533 shares of the company’s stock worth $682,000 after buying an additional 40,394 shares in the last quarter. Nomura Holdings Inc. acquired a new position in shares of Credit Suisse Asset Management Income Fund during the first quarter worth $93,000. JPMorgan Chase & Co. acquired a new position in shares of Credit Suisse Asset Management Income Fund during the second quarter worth $90,000. Finally, UBS Group AG increased its holdings in shares of Credit Suisse Asset Management Income Fund by 236.0% during the third quarter. UBS Group AG now owns 37,433 shares of the company’s stock worth $100,000 after buying an additional 26,291 shares in the last quarter. 29.49% of the stock is currently owned by institutional investors and hedge funds.

About Credit Suisse Asset Management Income Fund

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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.

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

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