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

BNY Mellon High Yield Strategies Fund (NYSE:DHF) announced a monthly dividend on Wednesday, October 23rd, NASDAQ reports. Stockholders of record on Wednesday, November 6th will be given a dividend of 0.0175 per share by the investment management company on Thursday, November 21st. This represents a $0.21 annualized dividend and a dividend yield of 8.17%. The ex-dividend date is Wednesday, November 6th.

BNY Mellon High Yield Strategies Fund Stock Performance

BNY Mellon High Yield Strategies Fund stock opened at $2.57 on Monday. The business has a 50 day simple moving average of $2.59 and a 200 day simple moving average of $2.49. BNY Mellon High Yield Strategies Fund has a one year low of $2.14 and a one year high of $2.69.

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.