Credit Suisse High Yield Bond Fund, Inc. (DHY) To Go Ex-Dividend on May 15th

Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) declared a monthly dividend on Friday, May 2nd, Wall Street Journal reports. Investors of record on Thursday, May 15th will be given a dividend of 0.0155 per share by the real estate investment trust on Thursday, May 22nd. This represents a $0.19 annualized dividend and a dividend yield of 9.03%. The ex-dividend date of this dividend is Thursday, May 15th.

Credit Suisse High Yield Bond Fund has increased its dividend by an average of 2.7% annually over the last three years.

Credit Suisse High Yield Bond Fund Stock Performance

Shares of DHY stock opened at $2.06 on Tuesday. Credit Suisse High Yield Bond Fund has a fifty-two week low of $1.82 and a fifty-two week high of $2.27. The stock’s 50-day simple moving average is $2.05 and its 200-day simple moving average is $2.10.

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.