Credit Suisse High Yield Bond Fund, Inc. (DHY) to Issue Monthly Dividend of $0.02 on May 22nd

Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) declared a monthly dividend on Thursday, April 9th. Stockholders of record on Monday, May 4th will be paid a dividend of 0.0155 per share by the real estate investment trust on Friday, May 22nd. This represents a c) dividend on an annualized basis and a dividend yield of 10.5%. The ex-dividend date is Monday, May 4th.

Credit Suisse High Yield Bond Fund Trading Up 0.6%

Shares of NYSEAMERICAN:DHY traded up $0.01 on Friday, hitting $1.77. 1,036,114 shares of the company were exchanged, compared to its average volume of 1,043,072. Credit Suisse High Yield Bond Fund has a 1-year low of $0.00 and a 1-year high of $2.16. The stock’s 50 day moving average price is $1.87 and its 200 day moving average price is $1.97.

Credit Suisse High Yield Bond Fund Company Profile

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.