Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) Plans $0.02 Monthly Dividend

Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) declared a monthly dividend on Thursday, May 2nd, Wall Street Journal reports. Shareholders of record on Thursday, May 16th will be paid a dividend of 0.0155 per share by the real estate investment trust on Wednesday, May 22nd. This represents a $0.19 dividend on an annualized basis and a yield of 9.25%. The ex-dividend date is Wednesday, May 15th.

Credit Suisse High Yield Bond Fund has decreased its dividend payment by an average of 0.9% annually over the last three years.

Credit Suisse High Yield Bond Fund Price Performance

Shares of DHY remained flat at $2.01 during trading hours on Thursday. 344,409 shares of the stock were exchanged, compared to its average volume of 509,756. Credit Suisse High Yield Bond Fund has a 1-year low of $1.78 and a 1-year high of $2.08.

Credit Suisse High Yield Bond Fund Company Profile

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.