BNY Mellon High Yield Strategies Fund Declares Monthly Dividend of $0.02 (NYSE:DHF)

BNY Mellon High Yield Strategies Fund (NYSE:DHF) declared a monthly dividend on Tuesday, February 25th, Wall Street Journal reports. Shareholders of record on Tuesday, March 11th will be paid a dividend of 0.0175 per share by the investment management company on Tuesday, April 1st. This represents a $0.21 dividend on an annualized basis and a yield of 8.05%. The ex-dividend date is Tuesday, March 11th.

BNY Mellon High Yield Strategies Fund Stock Performance

DHF remained flat at $2.61 during trading hours on Wednesday. The company had a trading volume of 702,023 shares, compared to its average volume of 221,614. The company’s 50 day simple moving average is $2.59 and its 200-day simple moving average is $2.59. BNY Mellon High Yield Strategies Fund has a twelve month low of $2.27 and a twelve month high of $2.69.

BNY Mellon High Yield Strategies Fund Company Profile

BNY Mellon High Yield Strategies Fund is a closed ended fixed income mutual fund launched and managed by BNY Mellon Investment Adviser, Inc The fund invests in the fixed income markets of the United States. It primarily invests in fixed income securities of below investment grade quality, including securities of companies at early stages of development and companies with a highly leveraged financial structure.