Credit Suisse High Yield Bond Fund, Inc. (DHY) to Issue Monthly Dividend of $0.02 on August 24th

Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) announced a monthly dividend on Monday, August 3rd. Shareholders of record on Monday, August 17th will be paid a dividend of 0.0155 per share by the real estate investment trust on Monday, August 24th. This represents a c) dividend on an annualized basis and a dividend yield of 10.6%. The ex-dividend date of this dividend is Monday, August 17th.

Credit Suisse High Yield Bond Fund Trading Up 1.2%

DHY opened at $1.75 on Wednesday. The stock has a 50-day moving average of $1.75 and a 200-day moving average of $1.84. Credit Suisse High Yield Bond Fund has a 52-week low of $1.72 and a 52-week high of $2.14.

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.