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

BNY Mellon High Yield Strategies Fund (NYSE:DHF) declared a monthly dividend on Thursday, March 27th, Wall Street Journal reports. Stockholders of record on Wednesday, April 9th will be paid a dividend of 0.0175 per share by the investment management company on Thursday, April 24th. This represents a $0.21 dividend on an annualized basis and a dividend yield of 8.28%. The ex-dividend date is Wednesday, April 9th.

BNY Mellon High Yield Strategies Fund Trading Down 0.6 %

Shares of DHF traded down $0.02 during midday trading on Thursday, reaching $2.54. 436,379 shares of the company were exchanged, compared to its average volume of 297,302. BNY Mellon High Yield Strategies Fund has a 1-year low of $2.27 and a 1-year high of $2.69. The stock has a 50-day moving average price of $2.58 and a 200-day moving average price of $2.59.

About BNY Mellon High Yield Strategies Fund

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.