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

Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) declared a monthly dividend on Wednesday, April 2nd, Wall Street Journal reports. Investors of record on Tuesday, April 15th will be given a dividend of 0.0155 per share by the real estate investment trust on Wednesday, April 23rd. This represents a $0.19 annualized dividend and a dividend yield of 9.64%. The ex-dividend date is Tuesday, April 15th.

Credit Suisse High Yield Bond Fund has raised its dividend payment by an average of 2.7% per year over the last three years.

Credit Suisse High Yield Bond Fund Trading Down 1.0 %

Shares of NYSEAMERICAN:DHY opened at $1.93 on Friday. The business’s fifty day moving average price is $2.11 and its two-hundred day moving average price is $2.11. Credit Suisse High Yield Bond Fund has a fifty-two week low of $1.82 and a fifty-two week high of $2.27.

Insider Activity

In related news, insider Laura A. Defelice acquired 56,801 shares of the firm’s stock in a transaction on Tuesday, January 21st. The shares were purchased at an average price of $2.13 per share, with a total value of $120,986.13. Following the acquisition, the insider now directly owns 66,653 shares in the company, valued at $141,970.89. The trade was a 576.54 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this link. 14.35% of the stock is currently owned by corporate insiders.

About Credit Suisse High Yield Bond Fund

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.