BNY Mellon High Yield Strategies Fund (NYSE:DHF) Announces $0.02 Monthly Dividend

BNY Mellon High Yield Strategies Fund (NYSE:DHF) declared a monthly dividend on Tuesday, February 25th, Wall Street Journal reports. Stockholders of record on Tuesday, March 11th will be paid a dividend of 0.0175 per share by the investment management company on Tuesday, April 1st. This represents a $0.21 annualized dividend and a dividend yield of 8.05%. The ex-dividend date is Tuesday, March 11th.

BNY Mellon High Yield Strategies Fund Stock Performance

Shares of DHF stock remained flat at $2.61 during trading hours on Wednesday. The company’s stock had a trading volume of 702,023 shares, compared to its average volume of 221,614. BNY Mellon High Yield Strategies Fund has a 52-week low of $2.27 and a 52-week high of $2.69. The company’s fifty day moving average is $2.59 and its 200 day moving average is $2.59.

BNY Mellon High Yield Strategies Fund Company Profile

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.