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

Key Points

• Dividend: The fund declared a monthly dividend of $0.0155 per share, with an ex‑dividend/record date of May 4 and a payable date of May 22, implying an annualized yield of 10.5%.
• Fund strategy: Credit Suisse High Yield Bond Fund is a closed‑end management company on NYSE American that primarily invests in below‑investment‑grade, U.S. dollar‑denominated corporate debt to seek high current income.
• Trading snapshot: shares were last at $1.77 (up 0.6%) on volume of about 1.04M, with 50‑day and 200‑day simple moving averages of $1.87 and $1.97 and a one‑year range of $0.00–$2.16.

Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY - Get Free Report) declared a monthly dividend on Thursday, April 9th. Stockholders of record on Monday, May 4th will be paid a dividend of 0.0155 per share by the real estate investment trust on Friday, May 22nd. This represents a c) annualized dividend and a dividend yield of 10.5%. The ex-dividend date of this dividend is Monday, May 4th.

Credit Suisse High Yield Bond Fund Trading Up 0.6%

Shares of DHY traded up $0.01 during midday trading on Friday, hitting $1.77. The company's stock had a trading volume of 1,036,114 shares, compared to its average volume of 1,043,072. The company's fifty day simple moving average is $1.87 and its two-hundred day simple moving average is $1.97. Credit Suisse High Yield Bond Fund has a one year low of $0.00 and a one 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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