CIK Ex-Dividend Reminder - 5/15/20

CIK Ex-Dividend Reminder - 5/15/20

By Dividend Channel Staff, Wednesday, May 13, 10:10 AM ET

On 5/15/20, Credit Suisse Asset Management Income Fund (AMEX: CIK) will trade ex-dividend, for its monthly dividend of $0.0225, payable on 5/22/20. As a percentage of CIK's recent stock price of $2.52, this dividend works out to approximately 0.89%, so look for shares of Credit Suisse Asset Management Income Fund to trade 0.89% lower — all else being equal — when CIK shares open for trading on 5/15/20.

Below is a dividend history chart for CIK, showing historical dividends prior to the most recent $0.0225 declared by Credit Suisse Asset Management Income Fund:

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 10.71% 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:

Looking at the chart above, CIK's low point in its 52 week range is $1.97 per share, with $3.45 as the 52 week high point — that compares with a last trade of $2.52.Special Offer: Receive our best dividend ideas directly to your inbox each afternoon with the Dividend Channel Premium Newsletter

In Wednesday trading, Credit Suisse Asset Management Income Fund shares are currently trading flat on the day.