Credit Suisse High Yield Bond Fund (NYSEAMERICAN:DHY) declared a monthly dividend on Wednesday, April 3rd, Wall Street Journal reports. Stockholders of record on Tuesday, April 16th will be paid a dividend of 0.019 per share by the real estate investment trust on Tuesday, April 23rd. This represents a $0.23 annualized dividend and a dividend yield of 9.12%. The ex-dividend date is Monday, April 15th.
Credit Suisse High Yield Bond Fund has decreased its dividend payment by an average of 2.7% per year over the last three years.
Shares of NYSEAMERICAN DHY traded up $0.01 during mid-day trading on Friday, hitting $2.50. The company had a trading volume of 267,389 shares, compared to its average volume of 349,038. Credit Suisse High Yield Bond Fund has a 1 year low of $1.98 and a 1 year high of $2.67.
Credit Suisse High Yield Bond Fund, Inc is a closed ended fixed income mutual fund launched and managed by Credit Suisse Asset Management, LLC. The fund invests in the fixed income markets of the United States. It invests in the securities of companies across diversified sectors. The fund primarily invests in below-investment-grade corporate bonds with an average credit quality lower than BBB by Standard & Poor's and an average duration of 5.07 years.
See Also: Preferred Stock
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