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

Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) announced a monthly dividend on Friday, January 19th, Wall Street Journal reports. Shareholders of record on Tuesday, April 16th will be paid a dividend of 0.0155 per share by the real estate investment trust on Monday, April 22nd. This represents a $0.19 annualized dividend and a yield of 9.30%. The ex-dividend date of this dividend is Monday, April 15th.

Credit Suisse High Yield Bond Fund has decreased its dividend payment by an average of 4.9% annually over the last three years.

Credit Suisse High Yield Bond Fund Trading Down 2.9 %

Shares of DHY stock opened at $2.00 on Friday. Credit Suisse High Yield Bond Fund has a 12-month low of $1.78 and a 12-month high of $2.08.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Rivernorth Capital Management LLC increased its holdings in Credit Suisse High Yield Bond Fund by 80.4% during the 2nd quarter. Rivernorth Capital Management LLC now owns 1,005,327 shares of the real estate investment trust’s stock valued at $1,920,000 after purchasing an additional 448,151 shares during the period. Susquehanna International Group LLP increased its holdings in Credit Suisse High Yield Bond Fund by 87.7% during the 4th quarter. Susquehanna International Group LLP now owns 93,634 shares of the real estate investment trust’s stock valued at $165,000 after purchasing an additional 43,736 shares during the period. Atria Wealth Solutions Inc. purchased a new position in Credit Suisse High Yield Bond Fund during the 1st quarter valued at about $90,000. Morgan Stanley increased its holdings in Credit Suisse High Yield Bond Fund by 5.9% during the 4th quarter. Morgan Stanley now owns 542,027 shares of the real estate investment trust’s stock valued at $954,000 after purchasing an additional 30,361 shares during the period. Finally, Nomura Holdings Inc. purchased a new position in Credit Suisse High Yield Bond Fund during the 2nd quarter valued at about $56,000.

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.