Credit Suisse AM Inc Fund Inc. (NYSE:CIK) declared a monthly dividend on Monday, June 26th, Wall Street Journal reports. Shareholders of record on Wednesday, July 12th will be paid a dividend of 0.022 per share on Tuesday, July 18th. This represents a $0.26 dividend on an annualized basis and a yield of 7.90%. The ex-dividend date of this dividend is Monday, July 10th.

Credit Suisse AM Inc Fund has decreased its dividend by an average of 9.5% per year over the last three years.

Shares of Credit Suisse AM Inc Fund (NYSE CIK) traded down 0.30% on Monday, reaching $3.34. The company’s stock had a trading volume of 89,100 shares. The firm’s 50 day moving average is $3.33 and its 200-day moving average is $3.28. Credit Suisse AM Inc Fund has a 52-week low of $2.87 and a 52-week high of $3.46.

ILLEGAL ACTIVITY NOTICE: This article was first published by American Banking News and is the sole property of of American Banking News. If you are viewing this article on another domain, it was illegally stolen and reposted in violation of international copyright laws. The original version of this article can be accessed at https://www.americanbankingnews.com/2017/06/26/credit-suisse-am-inc-fund-inc-cik-declares-0-02-monthly-dividend.html.

Credit Suisse AM Inc Fund Company Profile

Credit Suisse Asset Management Income Fund, Inc is a diversified, closed-end management investment fund. The Fund’s investment objective is to provide current income consistent with the preservation of capital. The Fund invests in a range of sectors, which include advertising, auto parts and equipment, brokerage, building and construction, building materials, cable and satellite television, chemicals, consumer/commercial/lease financing, electronics, energy-exploration and production, food-wholesale, forestry and paper, gas distribution, health facilities, insurance brokerage, media-diversified, media content, medical products, metals and mining, oil field equipment and services, packaging, personal and household products, pharmaceuticals, software-services, real estate investment trusts, restaurants, specialty retail, and recreation and travel.

Dividend History for Credit Suisse AM Inc Fund (NYSE:CIK)

Receive News & Ratings for Credit Suisse AM Inc Fund Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Credit Suisse AM Inc Fund Inc. and related companies with MarketBeat.com's FREE daily email newsletter.