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

BNY Mellon High Yield Strategies Fund (NYSE:DHF) announced a monthly dividend on Tuesday, August 27th, Wall Street Journal reports. Investors of record on Wednesday, September 11th will be given a dividend of 0.0175 per share by the investment management company on Wednesday, September 25th. This represents a $0.21 annualized dividend and a yield of 8.28%. The ex-dividend date of this dividend is Wednesday, September 11th.

BNY Mellon High Yield Strategies Fund Stock Up 0.6 %

BNY Mellon High Yield Strategies Fund stock opened at $2.54 on Tuesday. The firm’s fifty day moving average price is $2.50 and its two-hundred day moving average price is $2.42. BNY Mellon High Yield Strategies Fund has a 1-year low of $2.06 and a 1-year high of $2.61.

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.