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

Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) declared a monthly dividend on Wednesday, July 3rd, Wall Street Journal reports. Investors of record on Wednesday, July 17th will be given a dividend of 0.0155 per share by the real estate investment trust on Tuesday, July 23rd. This represents a $0.19 dividend on an annualized basis and a dividend yield of 8.99%. The ex-dividend date is Wednesday, July 17th.

Credit Suisse High Yield Bond Fund has decreased its dividend payment by an average of 0.9% annually over the last three years.

Credit Suisse High Yield Bond Fund Price Performance

Shares of DHY stock remained flat at $2.07 during trading hours on Wednesday. 249,717 shares of the company were exchanged, compared to its average volume of 428,298. Credit Suisse High Yield Bond Fund has a 52-week low of $1.78 and a 52-week high of $2.10.

Credit Suisse High Yield Bond Fund Company Profile

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.