Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY – Get Free Report) declared a monthly dividend on Tuesday, September 1st. Investors of record on Wednesday, September 16th will be paid a dividend of 0.0155 per share by the real estate investment trust on Wednesday, September 23rd. This represents a c) annualized dividend and a yield of 10.8%. The ex-dividend date of this dividend is Wednesday, September 16th.
Credit Suisse High Yield Bond Fund Stock Up 0.6%
NYSEAMERICAN:DHY opened at $1.72 on Thursday. Credit Suisse High Yield Bond Fund has a fifty-two week low of $1.70 and a fifty-two week high of $2.13. The company has a 50 day moving average price of $1.75 and a 200 day moving average price of $1.80.
Shares of Credit Suisse High Yield Bond Fund are going to reverse split on Wednesday, September 30th. The 1-10 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Tuesday, September 29th.
About Credit Suisse High Yield Bond Fund
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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