Credit Suisse High Yield Bond Fund Plans Monthly Dividend of $0.02 (DHY)
Credit Suisse High Yield Bond Fund (NYSEAMERICAN:DHY) declared a monthly dividend on Thursday, December 6th, Wall Street Journal reports. Investors of record on Tuesday, December 18th will be given a dividend of 0.019 per share by the real estate investment trust on Monday, December 24th. This represents a $0.23 dividend on an annualized basis and a yield of 9.96%. The ex-dividend date of this dividend is Monday, December 17th.
Credit Suisse High Yield Bond Fund has increased its dividend by an average of 0.4% per year over the last three years.
NYSEAMERICAN:DHY opened at $2.29 on Friday. Credit Suisse High Yield Bond Fund has a one year low of $2.27 and a one year high of $2.86.
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Credit Suisse High Yield Bond Fund, Inc is a closed ended fixed income mutual fund launched and managed by Credit Suisse Asset Management, LLC. The fund invests in the fixed income markets of the United States. It invests in the securities of companies across diversified sectors. The fund primarily invests in below-investment-grade corporate bonds with an average credit quality lower than BBB by Standard & Poor's and an average duration of 5.07 years.
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