Credit Suisse High Yield Bond Fund, Inc. (DHY) To Go Ex-Dividend on February 18th

Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) declared a monthly dividend on Monday, February 3rd,Wall Street Journal reports. Stockholders of record on Tuesday, February 18th will be given a dividend of 0.0155 per share by the real estate investment trust on Tuesday, February 25th. This represents a $0.19 dividend on an annualized basis and a dividend yield of 8.73%. The ex-dividend date of this dividend is Tuesday, February 18th.

Credit Suisse High Yield Bond Fund has increased its dividend by an average of 3.3% per year over the last three years.

Credit Suisse High Yield Bond Fund Trading Down 0.9 %

DHY traded down $0.02 during trading on Wednesday, hitting $2.13. The stock had a trading volume of 379,738 shares, compared to its average volume of 367,354. Credit Suisse High Yield Bond Fund has a 12 month low of $1.93 and a 12 month high of $2.27.

Insider Activity

In related news, insider Laura A. Defelice bought 56,801 shares of the company’s stock in a transaction dated Tuesday, January 21st. The stock was acquired at an average cost of $2.13 per share, with a total value of $120,986.13. Following the acquisition, the insider now owns 66,653 shares in the company, valued at approximately $141,970.89. This represents a 576.54 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 14.35% of the stock is currently owned by company insiders.

Credit Suisse High Yield Bond Fund Company Profile

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.