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

BNY Mellon High Yield Strategies Fund (NYSE:DHF) announced a monthly dividend on Thursday, December 12th,Wall Street Journal reports. Investors of record on Friday, December 27th will be given a dividend of 0.0175 per share by the investment management company on Monday, January 13th. This represents a $0.21 annualized dividend and a yield of 8.05%. The ex-dividend date of this dividend is Friday, December 27th.

BNY Mellon High Yield Strategies Fund Price Performance

DHF stock traded up $0.02 during trading hours on Friday, reaching $2.61. 201,381 shares of the stock were exchanged, compared to its average volume of 333,342. The firm’s 50-day moving average is $2.61 and its 200-day moving average is $2.54. BNY Mellon High Yield Strategies Fund has a 12 month low of $2.27 and a 12 month high of $2.69.

About BNY Mellon High Yield Strategies Fund

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.