Credit Suisse High Yield Bond Fund, Inc. (DHY) to Issue Monthly Dividend of $0.02 on January 24th

Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) announced a monthly dividend on Thursday, January 2nd,Wall Street Journal reports. Shareholders of record on Thursday, January 16th will be given a dividend of 0.0155 per share by the real estate investment trust on Friday, January 24th. This represents a $0.19 annualized dividend and a dividend yield of 8.77%. The ex-dividend date of this dividend is Thursday, January 16th.

Credit Suisse High Yield Bond Fund has raised its dividend payment by an average of 3.3% per year over the last three years.

Credit Suisse High Yield Bond Fund Trading Down 0.5 %

Shares of Credit Suisse High Yield Bond Fund stock opened at $2.12 on Tuesday. Credit Suisse High Yield Bond Fund has a 52 week low of $1.93 and a 52 week high of $2.27.

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.