Credit Suisse High Yield Bond Fund, Inc. (DHY) To Go Ex-Dividend on June 15th

Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) announced a monthly dividend on Monday, June 1st. Stockholders of record on Monday, June 15th will be paid a dividend of 0.0155 per share by the real estate investment trust on Tuesday, June 23rd. This represents a c) dividend on an annualized basis and a dividend yield of 10.6%. The ex-dividend date of this dividend is Monday, June 15th.

Credit Suisse High Yield Bond Fund Stock Performance

Shares of NYSEAMERICAN:DHY opened at $1.76 on Wednesday. Credit Suisse High Yield Bond Fund has a twelve month low of $1.74 and a twelve month high of $2.16. The business has a fifty day moving average of $1.81 and a 200-day moving average of $1.93.

Insider Buying and Selling at Credit Suisse High Yield Bond Fund

In other Credit Suisse High Yield Bond Fund news, insider Charles Gerber bought 16,000 shares of the stock in a transaction dated Thursday, April 16th. The stock was bought at an average cost of $1.88 per share, for a total transaction of $30,080.00. Following the completion of the purchase, the insider owned 16,000 shares in the company, valued at $30,080. This represents a ∞ increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 14.35% of the company’s stock.

Institutional Trading of Credit Suisse High Yield Bond Fund

Hedge funds and other institutional investors have recently made changes to their positions in the business. Adapt Wealth Advisors LLC acquired a new stake in shares of Credit Suisse High Yield Bond Fund in the third quarter valued at $31,000. Rockefeller Capital Management L.P. acquired a new stake in shares of Credit Suisse High Yield Bond Fund in the fourth quarter valued at $40,000. Integrity Advisory Solutions LLC bought a new position in Credit Suisse High Yield Bond Fund in the third quarter valued at about $44,000. WealthTrust Asset Management LLC bought a new position in Credit Suisse High Yield Bond Fund in the first quarter valued at about $41,000. Finally, Osaic Holdings Inc. boosted its holdings in Credit Suisse High Yield Bond Fund by 227.2% in the second quarter. Osaic Holdings Inc. now owns 24,628 shares of the real estate investment trust’s stock valued at $52,000 after acquiring an additional 17,101 shares during the last quarter.

About Credit Suisse High Yield Bond Fund

The Credit Suisse High Yield Bond Fund (NYSEAMERICAN:DHY) is a closed-end management investment company that seeks to provide investors with high current income by primarily investing in below-investment-grade, U.S. dollar-denominated corporate debt securities. The fund offers exposure to a broad array of high-yield bonds issued by companies across various sectors, including industrials, communications, and financial services. It is structured to trade on the NYSE American exchange, enabling investors to gain intraday access to a diversified high-yield portfolio.

In managing its portfolio, the fund adheres to a disciplined credit research process that evaluates issuers’ fundamentals, cash flow profiles, and relative valuations.