Credit Suisse Asset Management Income Fund About To Put More Money In Your Pocket (CIK)

Looking at the universe of stocks we cover at Dividend Channel, on 8/7/14, Credit Suisse Asset Management Income Fund (CIK) will trade ex-dividend, for its monthly dividend of $0.0235, payable on 8/15/14. As a percentage of CIK's recent stock price of $3.57, this dividend works out to approximately 0.66%, so look for shares of Credit Suisse Asset Management Income Fund to trade 0.66% lower — all else being equal — when CIK shares open for trading on 8/7/14.

START SLIDESHOW:
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

Below is a dividend history chart for CIK, showing historical dividends prior to the most recent $0.0235 declared by Credit Suisse Asset Management Income Fund:

CIK+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from CIK is likely to continue, and whether the current estimated yield of 7.90% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of CIK shares, versus its 200 day moving average:

Credit Suisse Asset Management Income Fund 200 Day Moving Average Chart

Looking at the chart above, CIK's low point in its 52 week range is $3.49 per share, with $3.73 as the 52 week high point — that compares with a last trade of $3.57.

In Tuesday trading, Credit Suisse Asset Management Income Fund shares are currently down about 0.3% on the day.

More from Stocks

Federal Reserve to Raise Rates -- What to Listen for From Jay Powell

Federal Reserve to Raise Rates -- What to Listen for From Jay Powell

Be Real Slow to Jump on Oracle's Bandwagon

Be Real Slow to Jump on Oracle's Bandwagon

Tentative Stock Buyers Need More Convincing That This Bounce Will Hold

Tentative Stock Buyers Need More Convincing That This Bounce Will Hold

Tilray Shares Surge on Novartis Distribution Deal

Tilray Shares Surge on Novartis Distribution Deal

Dow Rises as Wall Street Attempts Rebound From Sharp Selloffs

Dow Rises as Wall Street Attempts Rebound From Sharp Selloffs