Credit Suisse High Yield Bond Fund (DHY) Plans $0.02 Monthly Dividend
Credit Suisse High Yield Bond Fund (NYSEAMERICAN:DHY) declared a monthly dividend on Tuesday, December 5th, Wall Street Journal reports. Shareholders of record on Monday, December 18th will be paid a dividend of 0.022 per share by the real estate investment trust on Friday, December 22nd. This represents a $0.26 annualized dividend and a yield of 9.36%. The ex-dividend date of this dividend is Friday, December 15th.
Shares of Credit Suisse High Yield Bond Fund (NYSEAMERICAN:DHY) traded up $0.01 during midday trading on Tuesday, reaching $2.82. The company’s stock had a trading volume of 179,000 shares, compared to its average volume of 297,971. Credit Suisse High Yield Bond Fund has a 52-week low of $2.47 and a 52-week high of $2.91.
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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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