BNY Mellon High Yield Strategies Fund (NYSE:DHF) Plans $0.02 Monthly Dividend

BNY Mellon High Yield Strategies Fund (NYSE:DHF) announced a monthly dividend on Friday, January 24th,Wall Street Journal reports. Investors of record on Thursday, February 6th will be given a dividend of 0.0175 per share by the investment management company on Friday, February 21st. This represents a $0.21 dividend on an annualized basis and a yield of 7.98%. The ex-dividend date is Thursday, February 6th.

BNY Mellon High Yield Strategies Fund Stock Performance

Shares of NYSE DHF remained flat at $2.63 during midday trading on Friday. 135,624 shares of the company’s stock were exchanged, compared to its average volume of 160,382. BNY Mellon High Yield Strategies Fund has a fifty-two week low of $2.27 and a fifty-two week high of $2.69. The company’s 50-day moving average is $2.60 and its 200-day moving average is $2.57.

BNY Mellon High Yield Strategies Fund Company Profile

BNY Mellon High Yield Strategies Fund is a closed ended fixed income mutual fund launched and managed by BNY Mellon Investment Adviser, Inc The fund invests in the fixed income markets of the United States. It primarily invests in fixed income securities of below investment grade quality, including securities of companies at early stages of development and companies with a highly leveraged financial structure.