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

Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHYGet Free Report) announced a monthly dividend on Monday, March 3rd, Wall Street Journal reports. Stockholders of record on Monday, March 17th will be given a dividend of 0.0155 per share by the real estate investment trust on Monday, March 24th. This represents a $0.19 annualized dividend and a dividend yield of 8.57%. The ex-dividend date is Monday, March 17th.

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

Credit Suisse High Yield Bond Fund Trading Down 0.5 %

DHY traded down $0.01 on Tuesday, reaching $2.17. 309,833 shares of the company traded hands, compared to its average volume of 375,563. Credit Suisse High Yield Bond Fund has a one year low of $1.96 and a one year high of $2.27.

Insider Activity at Credit Suisse High Yield Bond Fund

In related news, insider Laura A. Defelice acquired 56,801 shares of the firm’s stock in a transaction that occurred on Tuesday, January 21st. The stock was bought at an average price of $2.13 per share, for a total transaction of $120,986.13. Following the acquisition, the insider now directly owns 66,653 shares of the company’s stock, valued at $141,970.89. This represents a 576.54 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. 14.35% of the stock is currently owned by company insiders.

Credit Suisse High Yield Bond Fund Company Profile

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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.

Further Reading

Dividend History for Credit Suisse High Yield Bond Fund (NYSEAMERICAN:DHY)

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