Credit Suisse AM, Inc.Fund Inc. (AMEX:CIK)
A diversified, closed-end investment company whose investment objective is to seek current income through investment primarily in debt securities.
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Long history of making money. Current yield around 8%. Helluva a lot better than cd's & bonds.
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Result of quantitative screen, version B.
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5 star,good yield
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Strong company, sound investment principles. Still profitable considering the credit markets.
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Dividend reinvestment
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Monthly dividend, and company has been around for a while. The dividend is a relatively new introduction by the company, I trust this dividend to make a significant impact.
PE Ratio on this is 9.1x
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Steady incline over the past 6 months. Good value.
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I will continue to study this company, but first impressions are pretty good.
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This is clear dividend play and currently a great value. CIK is great way to create some stability and cash flow into your portfolio - reinvest dividends.
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As long as bond rates stay low, CIK will maintain its value & monthly pay 9-11% interest deposited monthly.
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