BNY Mellon High Yield Strategies Fund (DHF) to Issue Monthly Dividend of $0.02 on April 22nd

BNY Mellon High Yield Strategies Fund (NYSE:DHF) declared a monthly dividend on Tuesday, March 24th. Investors of record on Wednesday, April 8th will be paid a dividend of 0.0175 per share by the investment management company on Wednesday, April 22nd. This represents a c) annualized dividend and a yield of 8.8%. The ex-dividend date of this dividend is Wednesday, April 8th.

BNY Mellon High Yield Strategies Fund Trading Up 0.2%

Shares of DHF opened at $2.39 on Monday. The company’s fifty day moving average is $2.46 and its two-hundred day moving average is $2.51. BNY Mellon High Yield Strategies Fund has a fifty-two week low of $2.21 and a fifty-two week 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.