Credit Suisse High Yield Bond Fund (DHY) to Issue Monthly Dividend of $0.02 on July 23rd
Credit Suisse High Yield Bond Fund (NYSEAMERICAN:DHY) declared a monthly dividend on Monday, July 6th, Wall Street Journal reports. Investors of record on Friday, July 17th will be given a dividend of 0.0165 per share by the real estate investment trust on Thursday, July 23rd. This represents a $0.20 dividend on an annualized basis and a yield of 9.95%. The ex-dividend date is Thursday, July 16th.
Credit Suisse High Yield Bond Fund has decreased its dividend payment by an average of 77.1% annually over the last three years.
Shares of NYSEAMERICAN DHY opened at $1.99 on Tuesday. Credit Suisse High Yield Bond Fund has a 52-week low of $1.28 and a 52-week high of $2.59.
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.
Featured Story: What is the Current Ratio?
Receive News & Ratings for Credit Suisse High Yield Bond Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Credit Suisse High Yield Bond Fund and related companies with MarketBeat.com's FREE daily email newsletter.