Laura DeFelice, Chair of the Board at Credit Suisse (SIX:CSGN) Asset Management Income Fund Inc. (CIK), acquired a significant number of shares in the company, according to a recent SEC filing. The fund, which boasts a notable 9.2% dividend yield and has maintained dividend payments for 39 consecutive years according to InvestingPro, demonstrates strong income-generating potential. On January 21, DeFelice purchased 40,766 shares of common stock at a price of $2.92 per share, totaling approximately $119,036. Following this transaction, DeFelice now holds 47,402 shares directly. This acquisition reflects DeFelice's continued investment in the company and aligns with her role as a key executive within the organization. The fund maintains a GOOD financial health score and historically low price volatility with a beta of 0.7, as revealed by InvestingPro data, which offers 4 additional key insights about CIK's investment potential.
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