Credit Suisse AM Inc Fund Inc. (NYSEAMERICAN:CIK) declared a monthly dividend on Wednesday, November 28th, Wall Street Journal reports. Investors of record on Tuesday, December 11th will be given a dividend of 0.0225 per share on Monday, December 17th. This represents a $0.27 dividend on an annualized basis and a dividend yield of 9.38%. The ex-dividend date is Monday, December 10th.
Credit Suisse AM Inc Fund has increased its dividend by an average of 1.5% per year over the last three years.
NYSEAMERICAN CIK opened at $2.88 on Wednesday. Credit Suisse AM Inc Fund has a 12 month low of $2.85 and a 12 month high of $3.34.
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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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