Credit Suisse High Yield Bond Fund Announces Monthly Dividend of $0.02 (DHY)
Credit Suisse High Yield Bond Fund (NYSE:DHY) announced a monthly dividend on Tuesday, October 3rd, Wall Street Journal reports. Shareholders of record on Wednesday, October 18th will be given a dividend of 0.022 per share by the real estate investment trust on Tuesday, October 24th. This represents a $0.26 dividend on an annualized basis and a yield of 9.20%. The ex-dividend date of this dividend is Tuesday, October 17th.
Credit Suisse High Yield Bond Fund has decreased its dividend payment by an average of 6.6% annually over the last three years.
Credit Suisse High Yield Bond Fund (NYSE:DHY) remained flat at $2.87 during mid-day trading on Tuesday. 251,574 shares of the company were exchanged. The firm’s 50-day moving average is $2.84 and its 200 day moving average is $2.81. Credit Suisse High Yield Bond Fund has a 12-month low of $2.17 and a 12-month high of $2.91.
About Credit Suisse High Yield Bond Fund
Credit Suisse High Yield Bond Fund (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is to seek high current income. The Fund will also seek capital appreciation as a secondary objective. The Fund invests in various sectors, such as advertising, auto parts and equipment, brokerage, building and construction, building materials, cable and satellite television, chemicals, consumer/commercial/lease financing, diversified capital goods, electronics, energy-exploration and production, food-wholesale, forestry and paper, gaming, gas distribution, real estate investment trusts, software-services, specialty retail, steel producers/products, support-services, theaters and entertainment, transport infrastructure/services, aerospace and defense, machinery, collateralized debt obligations and health facilities.
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