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

Posted by Jeff Wilder on Feb 5th, 2025

Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY – Get Free Report) announced a monthly dividend on Wednesday, February 5th,Wall Street Journal reports. Investors of record on Tuesday, February 18th will be paid a dividend of 0.0155 per share by the real estate investment trust on Tuesday, February 25th. This represents a $0.19 dividend on an annualized basis and a dividend yield of 8.71%. The ex-dividend date is Tuesday, February 18th.

Credit Suisse High Yield Bond Fund has increased its dividend by an average of 3.3% annually over the last three years.

Credit Suisse High Yield Bond Fund Stock Down 0.7 %

Credit Suisse High Yield Bond Fund stock traded down $0.02 during mid-day trading on Wednesday, reaching $2.14. 350,023 shares of the company were exchanged, compared to its average volume of 365,565. Credit Suisse High Yield Bond Fund has a twelve month low of $1.93 and a twelve month high of $2.27.

Insider Activity at Credit Suisse High Yield Bond Fund

In other Credit Suisse High Yield Bond Fund news, insider Laura A. Defelice acquired 56,801 shares of the firm’s stock in a transaction dated Tuesday, January 21st. The shares were acquired at an average price of $2.13 per share, for a total transaction of $120,986.13. Following the completion of the acquisition, the insider now directly owns 66,653 shares of the company’s stock, valued at $141,970.89. This trade represents a 576.54 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. 14.35% of the stock is currently owned by company insiders.

About Credit Suisse High Yield Bond Fund

(Get Free Report)

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.