BNY Mellon High Yield Strategies Fund to Issue Dividend of $0.02 (NYSE:DHF)

BNY Mellon High Yield Strategies Fund (NYSE:DHF) declared a dividend on Wednesday, April 24th, NASDAQ reports. Investors of record on Wednesday, May 8th will be paid a dividend of 0.0175 per share by the investment management company on Wednesday, May 22nd. The ex-dividend date is Tuesday, May 7th.

BNY Mellon High Yield Strategies Fund has decreased its dividend payment by an average of 11.3% annually over the last three years and has raised its dividend annually for the last 1 consecutive years.

BNY Mellon High Yield Strategies Fund Stock Down 0.4 %

DHF stock traded down $0.01 on Thursday, hitting $2.31. 164,651 shares of the company’s stock were exchanged, compared to its average volume of 382,921. BNY Mellon High Yield Strategies Fund has a 12-month low of $2.06 and a 12-month high of $2.42. The firm has a 50 day moving average price of $2.35 and a two-hundred day moving average price of $2.28.

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.