BNY Mellon High Yield Strategies Fund (NYSE:DHF) Announces Monthly Dividend of $0.02

BNY Mellon High Yield Strategies Fund (NYSE:DHF) declared a monthly dividend on Wednesday, September 25th, Wall Street Journal reports. Shareholders of record on Tuesday, October 8th will be paid a dividend of 0.0175 per share by the investment management company on Wednesday, October 23rd. This represents a $0.21 dividend on an annualized basis and a yield of 7.98%. The ex-dividend date of this dividend is Tuesday, October 8th.

BNY Mellon High Yield Strategies Fund Price Performance

Shares of DHF stock traded up $0.02 on Wednesday, hitting $2.63. 663,914 shares of the company’s stock traded hands, compared to its average volume of 354,258. The company’s fifty day simple moving average is $2.53 and its 200 day simple moving average is $2.43. BNY Mellon High Yield Strategies Fund has a one year low of $2.06 and a one year high of $2.64.

About BNY Mellon High Yield Strategies Fund

BNY Mellon High Yield Strategies Fund is a closed ended fixed income mutual fund launched and managed by BNY Mellon Investment Adviser, Inc The fund invests in the fixed income markets of the United States. It primarily invests in fixed income securities of below investment grade quality, including securities of companies at early stages of development and companies with a highly leveraged financial structure.