Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY – Get Free Report) declared a monthly dividend on Wednesday, October 2nd, Wall Street Journal reports. Shareholders of record on Wednesday, October 16th will be paid a dividend of 0.0155 per share by the real estate investment trust on Tuesday, October 22nd. This represents a $0.19 annualized dividend and a yield of 8.38%. The ex-dividend date is Wednesday, October 16th.
Credit Suisse High Yield Bond Fund has decreased its dividend by an average of 0.9% per year over the last three years.
Credit Suisse High Yield Bond Fund Price Performance
NYSEAMERICAN:DHY traded down $0.02 during mid-day trading on Wednesday, reaching $2.22. 470,610 shares of the company were exchanged, compared to its average volume of 486,397. Credit Suisse High Yield Bond Fund has a 12 month low of $1.78 and a 12 month high of $2.27.
About Credit Suisse High Yield Bond Fund
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.
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