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, January 23rd,Wall Street Journal reports. Stockholders of record on Thursday, February 6th will be given a dividend of 0.0175 per share by the investment management company on Friday, February 21st. This represents a $0.21 dividend on an annualized basis and a dividend yield of 7.98%. The ex-dividend date of this dividend is Thursday, February 6th.

BNY Mellon High Yield Strategies Fund Price Performance

DHF stock remained flat at $2.63 during mid-day trading on Friday. The company’s stock had a trading volume of 135,624 shares, compared to its average volume of 160,382. BNY Mellon High Yield Strategies Fund has a 12 month low of $2.27 and a 12 month high of $2.69. The business’s fifty day moving average price is $2.60 and its two-hundred day moving average price is $2.57.

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.