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

Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) announced a monthly dividend on Wednesday, October 2nd, Wall Street Journal reports. Investors of record on Wednesday, October 16th will be paid a dividend of 0.0155 per share by the real estate investment trust on Tuesday, October 22nd. This represents a $0.19 annualized dividend and a dividend yield of 8.38%. The ex-dividend date is Wednesday, October 16th.

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 Stock Down 0.9 %

DHY traded down $0.02 during midday trading on Wednesday, hitting $2.22. 470,610 shares of the company’s stock traded hands, compared to its average volume of 486,397. Credit Suisse High Yield Bond Fund has a one year low of $1.78 and a one year high of $2.27.

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.