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 Thursday, November 21st,Wall Street Journal reports. Shareholders of record on Friday, December 6th will be given a dividend of 0.0175 per share by the investment management company on Friday, December 20th. This represents a $0.21 annualized dividend and a dividend yield of 7.92%. The ex-dividend date is Friday, December 6th.

BNY Mellon High Yield Strategies Fund Trading Down 0.4 %

Shares of DHF opened at $2.65 on Wednesday. BNY Mellon High Yield Strategies Fund has a twelve month low of $2.22 and a twelve month high of $2.69. The business’s 50-day moving average price is $2.61 and its 200-day moving average price is $2.53.

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.