BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. (DCF) To Go Ex-Dividend on April 10th

BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. (NYSE:DCF) declared a monthly dividend on Wednesday, March 27th, investing.com reports. Shareholders of record on Thursday, April 11th will be given a dividend of 0.035 per share on Thursday, April 25th. This represents a $0.42 annualized dividend and a yield of 4.88%. The ex-dividend date is Wednesday, April 10th.

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

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

NYSE DCF opened at $8.61 on Monday. The company has a 50 day simple moving average of $8.51 and a 200-day simple moving average of $8.14. BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund has a 52-week low of $7.35 and a 52-week high of $8.74.

Institutional Trading of BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund

A number of institutional investors have recently bought and sold shares of DCF. Royal Bank of Canada raised its stake in shares of BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund by 3.6% during the 3rd quarter. Royal Bank of Canada now owns 42,846 shares of the company’s stock worth $332,000 after purchasing an additional 1,480 shares in the last quarter. Stifel Financial Corp increased its holdings in BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund by 2.3% in the second quarter. Stifel Financial Corp now owns 88,015 shares of the company’s stock worth $665,000 after buying an additional 1,971 shares during the last quarter. UBS Group AG raised its position in BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund by 4.1% during the fourth quarter. UBS Group AG now owns 65,593 shares of the company’s stock valued at $535,000 after acquiring an additional 2,593 shares in the last quarter. B. Riley Wealth Advisors Inc. lifted its holdings in BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund by 18.9% in the 1st quarter. B. Riley Wealth Advisors Inc. now owns 22,383 shares of the company’s stock worth $170,000 after purchasing an additional 3,564 shares during the last quarter. Finally, Virtu Financial LLC acquired a new position in BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund during the first quarter valued at approximately $111,000.

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.