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

BNY Mellon High Yield Strategies Fund (NYSE:DHF) declared a monthly dividend on Friday, November 22nd,Wall Street Journal reports. Investors of record on Friday, December 6th will be paid a dividend of 0.0175 per share by the investment management company on Friday, December 20th. This represents a $0.21 dividend on an annualized basis and a yield of 7.92%. The ex-dividend date of this dividend is Friday, December 6th.

BNY Mellon High Yield Strategies Fund Price Performance

DHF stock traded up $0.01 during mid-day trading on Friday, reaching $2.65. 208,859 shares of the stock traded hands, compared to its average volume of 338,181. BNY Mellon High Yield Strategies Fund has a 52-week low of $2.20 and a 52-week high of $2.69. The stock’s fifty day moving average is $2.60 and its 200-day moving average is $2.51.

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.