Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) Declares $0.02 Monthly Dividend

Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) declared a monthly dividend on Friday, January 2nd. Shareholders of record on Friday, January 16th will be paid a dividend of 0.0155 per share by the real estate investment trust on Monday, January 26th. This represents a c) dividend on an annualized basis and a dividend yield of 9.2%. The ex-dividend date is Friday, January 16th.

Credit Suisse High Yield Bond Fund Stock Performance

NYSEAMERICAN DHY opened at $2.02 on Wednesday. The stock’s 50 day simple moving average is $2.03 and its 200-day simple moving average is $2.08. Credit Suisse High Yield Bond Fund has a 1-year low of $1.82 and a 1-year high of $2.18.

Institutional Investors Weigh In On Credit Suisse High Yield Bond Fund

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Adapt Wealth Advisors LLC purchased a new stake in shares of Credit Suisse High Yield Bond Fund during the third quarter worth $31,000. Allworth Financial LP acquired a new position in Credit Suisse High Yield Bond Fund during the second quarter worth about $43,000. Integrity Advisory Solutions LLC acquired a new position in Credit Suisse High Yield Bond Fund during the third quarter worth about $44,000. Osaic Holdings Inc. grew its stake in Credit Suisse High Yield Bond Fund by 227.2% during the 2nd quarter. Osaic Holdings Inc. now owns 24,628 shares of the real estate investment trust’s stock valued at $52,000 after acquiring an additional 17,101 shares in the last quarter. Finally, Susquehanna International Group LLP raised its holdings in Credit Suisse High Yield Bond Fund by 73.8% in the 3rd quarter. Susquehanna International Group LLP now owns 30,583 shares of the real estate investment trust’s stock valued at $63,000 after acquiring an additional 12,982 shares during the last quarter.

About Credit Suisse High Yield Bond Fund

The Credit Suisse High Yield Bond Fund (NYSEAMERICAN:DHY) is a closed-end management investment company that seeks to provide investors with high current income by primarily investing in below-investment-grade, U.S. dollar-denominated corporate debt securities. The fund offers exposure to a broad array of high-yield bonds issued by companies across various sectors, including industrials, communications, and financial services. It is structured to trade on the NYSE American exchange, enabling investors to gain intraday access to a diversified high-yield portfolio.

In managing its portfolio, the fund adheres to a disciplined credit research process that evaluates issuers’ fundamentals, cash flow profiles, and relative valuations.