BNY Mellon High Yield Strategies Fund (NYSE:DHF) Plans Monthly Dividend of $0.02

BNY Mellon High Yield Strategies Fund (NYSE:DHF) announced a monthly dividend on Thursday, January 22nd. Investors of record on Thursday, February 5th will be paid a dividend of 0.0175 per share by the investment management company on Friday, February 20th. This represents a c) annualized dividend and a yield of 8.3%. The ex-dividend date is Thursday, February 5th.

BNY Mellon High Yield Strategies Fund Stock Performance

Shares of NYSE DHF opened at $2.53 on Friday. The stock’s 50 day moving average price is $2.51 and its two-hundred day moving average price is $2.55. BNY Mellon High Yield Strategies Fund has a 52-week low of $2.21 and a 52-week high of $2.64.

About BNY Mellon High Yield Strategies Fund

BNY Mellon High Yield Strategies Fund (NYSE: DHF) is a diversified, closed-end management investment company that seeks to provide a high level of current income by primarily investing in below-investment-grade corporate debt securities. The fund allocates its portfolio across a broad range of industries and issuers, with an emphasis on high-yield bonds of U.S. companies, and may employ leverage to enhance income potential. It also maintains flexibility to invest in other fixed-income securities, including senior loans, preferred securities and selective investment-grade corporate debt.

Launched in 2011 and sponsored by The Bank of New York Mellon Corporation, the fund is managed by the global fixed-income team at Mellon Investments Corporation, a subsidiary of BNY Mellon.