Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) to Issue $0.02 Monthly Dividend

Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) announced a monthly dividend on Tuesday, September 1st. Shareholders of record on Wednesday, September 16th will be paid a dividend of 0.0155 per share by the real estate investment trust on Wednesday, September 23rd. This represents a c) annualized dividend and a yield of 10.9%. The ex-dividend date of this dividend is Wednesday, September 16th.

Credit Suisse High Yield Bond Fund Price Performance

DHY traded down $0.01 during midday trading on Wednesday, hitting $1.71. 72,972 shares of the company were exchanged, compared to its average volume of 691,480. The company’s 50 day simple moving average is $1.75 and its 200 day simple moving average is $1.80. Credit Suisse High Yield Bond Fund has a 1-year low of $1.70 and a 1-year high of $2.13.

Shares of Credit Suisse High Yield Bond Fund are scheduled to reverse split on the morning of Wednesday, September 30th. The 1-10 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Tuesday, September 29th.

About Credit Suisse High Yield Bond Fund

The Credit Suisse High Yield Bond Fund (NYSEAMERICAN:DHY) is a closed-end management investment company that seeks to provide investors with high current income by primarily investing in below-investment-grade, U.S. dollar-denominated corporate debt securities. The fund offers exposure to a broad array of high-yield bonds issued by companies across various sectors, including industrials, communications, and financial services. It is structured to trade on the NYSE American exchange, enabling investors to gain intraday access to a diversified high-yield portfolio.

In managing its portfolio, the fund adheres to a disciplined credit research process that evaluates issuers’ fundamentals, cash flow profiles, and relative valuations.