Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) Declares Monthly Dividend of $0.15

Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) announced a monthly dividend on Monday, November 2nd. Investors of record on Monday, November 16th will be given a dividend of $0.1550 per share by the real estate investment trust on Monday, November 23rd. This represents a $1.86 annualized dividend and a yield of 11.2%. The ex-dividend date of this dividend is Monday, November 16th.

Credit Suisse High Yield Bond Fund Trading Up 0.4%

Shares of DHY stock opened at $16.64 on Tuesday. The stock has a 50 day simple moving average of $16.48 and a two-hundred day simple moving average of $17.86. Credit Suisse High Yield Bond Fund has a fifty-two week low of $15.00 and a fifty-two week high of $20.80.

Credit Suisse High Yield Bond Fund Company Profile

Credit Suisse High Yield Bond Fund is a closed-end investment fund that seeks to provide a high level of current income, with capital appreciation as a secondary objective. The fund invests primarily in below-investment-grade corporate debt securities, commonly known as high-yield or “junk” bonds.

The fund’s portfolio may include bonds and other debt obligations issued by companies across a range of industries and geographic markets. These securities generally offer higher income potential than investment-grade bonds but also involve greater credit, interest-rate and market risks.

The fund was established to provide shareholders with professionally managed exposure to the high-yield bond market through a diversified portfolio.