Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) Announces Monthly Dividend of $0.02

Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) announced a monthly dividend on Thursday, April 9th. Investors 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 of this dividend is Monday, May 4th.

Credit Suisse High Yield Bond Fund Stock Performance

Shares of DHY traded up $0.01 on Friday, reaching $1.77. 1,036,114 shares of the company’s stock traded hands, compared to its average volume of 1,043,072. The stock’s 50 day simple moving average is $1.87 and its two-hundred day simple moving average is $1.97. Credit Suisse High Yield Bond Fund has a 52-week low of $0.00 and a 52-week high of $2.16.

Insider Activity at Credit Suisse High Yield Bond Fund

In other Credit Suisse High Yield Bond Fund news, insider Charles Gerber purchased 16,000 shares of the firm’s stock in a transaction that occurred on Thursday, April 16th. The stock was bought at an average cost of $1.88 per share, with a total value of $30,080.00. Following the completion of the transaction, the insider owned 16,000 shares of the company’s stock, valued at $30,080. The trade was a ∞ increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 14.35% of the company’s stock.

Hedge Funds Weigh In On Credit Suisse High Yield Bond Fund

Institutional investors and hedge funds have recently bought and sold shares of the company. Adapt Wealth Advisors LLC bought a new position in Credit Suisse High Yield Bond Fund during the third quarter valued at $31,000. Rockefeller Capital Management L.P. bought a new position in Credit Suisse High Yield Bond Fund during the fourth quarter valued at $40,000. Integrity Advisory Solutions LLC bought a new position in Credit Suisse High Yield Bond Fund during the third quarter valued at $44,000. Landscape Capital Management L.L.C. bought a new position in Credit Suisse High Yield Bond Fund during the fourth quarter valued at $51,000. Finally, Osaic Holdings Inc. grew its holdings in Credit Suisse High Yield Bond Fund by 227.2% during the second quarter. Osaic Holdings Inc. now owns 24,628 shares of the real estate investment trust’s stock valued at $52,000 after purchasing an additional 17,101 shares during the period.

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.