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

Key Points

• Credit Suisse High Yield Bond Fund (DHY) announced a monthly dividend of $0.0155 per share; investors of record on April 16 will be paid on April 23 and the dividend carries an annualized yield of 9.9% (ex-dividend date April 16).
• Shares opened at $1.88 with a 50-day moving average of $1.92 and a 200-day moving average of $2.00, trading in a 1-year range of $1.82 to $2.16.
• The closed-end fund primarily invests in below-investment-grade, U.S. dollar-denominated corporate debt (high-yield bonds) across sectors to seek high current income.

Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY - Get Free Report) announced a monthly dividend on Wednesday, April 1st. Investors of record on Thursday, April 16th will be paid a dividend of 0.0155 per share by the real estate investment trust on Thursday, April 23rd. This represents a c) annualized dividend and a yield of 9.9%. The ex-dividend date of this dividend is Thursday, April 16th.

Credit Suisse High Yield Bond Fund Stock Performance

Shares of Credit Suisse High Yield Bond Fund stock opened at $1.88 on Tuesday. The business has a 50-day moving average of $1.92 and a 200-day moving average of $2.00. Credit Suisse High Yield Bond Fund has a 1-year low of $1.82 and a 1-year high of $2.16.

Credit Suisse High Yield Bond Fund Company Profile

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.

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