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.

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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.

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