Credit Suisse High Yield Bond Fund to Issue Monthly Dividend of $0.02 (DHY)
Credit Suisse High Yield Bond Fund (NYSEAMERICAN:DHY) declared a monthly dividend on Tuesday, January 8th, Wall Street Journal reports. Stockholders of record on Thursday, January 17th will be given a dividend of 0.019 per share by the real estate investment trust on Thursday, January 24th. This represents a $0.23 dividend on an annualized basis and a dividend yield of 9.96%. The ex-dividend date is Wednesday, January 16th.
Credit Suisse High Yield Bond Fund has decreased its dividend by an average of 2.7% annually over the last three years.
DHY stock opened at $2.29 on Friday. Credit Suisse High Yield Bond Fund has a fifty-two week low of $1.98 and a fifty-two week high of $2.86.
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About Credit Suisse High Yield Bond Fund
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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