Credit Suisse High Yield Bond Fund Plans Monthly Dividend of $0.02 (DHY)

Credit Suisse High Yield Bond Fund (NYSE:DHY) announced a monthly dividend on Thursday, August 3rd, Wall Street Journal reports. Investors of record on Wednesday, August 16th will be paid a dividend of 0.022 per share by the real estate investment trust on Tuesday, August 22nd. This represents a $0.26 dividend on an annualized basis and a yield of 9.30%. The ex-dividend date of this dividend is Monday, August 14th.

Credit Suisse High Yield Bond Fund has decreased its dividend by an average of 6.6% annually over the last three years.

Shares of Credit Suisse High Yield Bond Fund (NYSE:DHY) traded up 0.71% during mid-day trading on Friday, reaching $2.84. The company had a trading volume of 217,610 shares. The firm has a 50-day moving average of $2.85 and a 200-day moving average of $2.78. Credit Suisse High Yield Bond Fund has a 12-month low of $2.17 and a 12-month high of $2.91.

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About Credit Suisse High Yield Bond Fund

Credit Suisse High Yield Bond Fund (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is to seek high current income. The Fund will also seek capital appreciation as a secondary objective. The Fund invests in various sectors, such as advertising, auto parts and equipment, brokerage, building and construction, building materials, cable and satellite television, chemicals, consumer/commercial/lease financing, diversified capital goods, electronics, energy-exploration and production, food-wholesale, forestry and paper, gaming, gas distribution, real estate investment trusts, software-services, specialty retail, steel producers/products, support-services, theaters and entertainment, transport infrastructure/services, aerospace and defense, machinery, collateralized debt obligations and health facilities.

Dividend History for Credit Suisse High Yield Bond Fund (NYSE:DHY)

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