BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. (NYSE:DCF) to Issue Monthly Dividend of $0.04

BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. (NYSE:DCF) announced a monthly dividend on Thursday, September 26th, Wall Street Journal reports. Shareholders of record on Wednesday, October 9th will be given a dividend of 0.035 per share on Thursday, October 24th. This represents a $0.42 dividend on an annualized basis and a yield of 4.59%. The ex-dividend date is Wednesday, October 9th.

BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund has decreased its dividend payment by an average of 7.8% annually over the last three years.

BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund Stock Performance

Shares of NYSE DCF remained flat at $9.16 during mid-day trading on Thursday. The stock had a trading volume of 32,996 shares, compared to its average volume of 40,268. The stock’s 50-day moving average is $9.04 and its 200-day moving average is $8.78. BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund has a fifty-two week low of $7.47 and a fifty-two week high of $9.21.

About BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund

BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc operates as a closed-end investment fund. The fund’s investment objective is to seek high current income and to invest in credit instruments and other investments. The company is headquartered in New York, NY.