BNY Mellon High Yield Strategies Fund (DHF) to Issue Monthly Dividend of $0.02 on February 20th

BNY Mellon High Yield Strategies Fund (NYSE:DHF) declared a monthly dividend on Thursday, January 22nd. Investors of record on Thursday, February 5th will be paid a dividend of 0.0175 per share by the investment management company on Friday, February 20th. This represents a c) dividend on an annualized basis and a yield of 8.2%. The ex-dividend date is Thursday, February 5th.

BNY Mellon High Yield Strategies Fund Stock Performance

Shares of NYSE:DHF opened at $2.56 on Tuesday. The business has a 50-day moving average of $2.51 and a two-hundred day moving average of $2.55. BNY Mellon High Yield Strategies Fund has a 12 month low of $2.21 and a 12 month high of $2.63.

BNY Mellon High Yield Strategies Fund Company Profile

BNY Mellon High Yield Strategies Fund (NYSE: DHF) is a diversified, closed-end management investment company that seeks to provide a high level of current income by primarily investing in below-investment-grade corporate debt securities. The fund allocates its portfolio across a broad range of industries and issuers, with an emphasis on high-yield bonds of U.S. companies, and may employ leverage to enhance income potential. It also maintains flexibility to invest in other fixed-income securities, including senior loans, preferred securities and selective investment-grade corporate debt.

Launched in 2011 and sponsored by The Bank of New York Mellon Corporation, the fund is managed by the global fixed-income team at Mellon Investments Corporation, a subsidiary of BNY Mellon.