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

Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) announced a monthly dividend on Monday, August 3rd. Stockholders of record on Monday, August 17th will be given a dividend of 0.0155 per share by the real estate investment trust on Monday, August 24th. This represents a c) annualized dividend and a dividend yield of 10.8%. The ex-dividend date is Monday, August 17th.

Credit Suisse High Yield Bond Fund Trading Down 1.1%

Shares of NYSEAMERICAN:DHY opened at $1.73 on Tuesday. Credit Suisse High Yield Bond Fund has a 52-week low of $1.72 and a 52-week high of $2.14. The firm has a fifty day moving average of $1.75 and a 200 day moving average of $1.84.

Hedge Funds Weigh In On Credit Suisse High Yield Bond Fund

Several institutional investors have recently modified their holdings of the company. Invesco Ltd. raised its holdings in shares of Credit Suisse High Yield Bond Fund by 26.9% during the 2nd quarter. Invesco Ltd. now owns 1,248,454 shares of the real estate investment trust’s stock valued at $2,659,000 after buying an additional 264,382 shares in the last quarter. Fiera Capital Corp raised its position in Credit Suisse High Yield Bond Fund by 47.3% in the 4th quarter. Fiera Capital Corp now owns 611,983 shares of the real estate investment trust’s stock worth $1,224,000 after purchasing an additional 196,469 shares during the period. Wells Fargo & Company MN lifted its stake in Credit Suisse High Yield Bond Fund by 17.5% in the fourth quarter. Wells Fargo & Company MN now owns 608,262 shares of the real estate investment trust’s stock worth $1,217,000 after purchasing an additional 90,611 shares during the last quarter. Commonwealth Equity Services LLC boosted its position in Credit Suisse High Yield Bond Fund by 522.3% during the fourth quarter. Commonwealth Equity Services LLC now owns 415,826 shares of the real estate investment trust’s stock valued at $832,000 after buying an additional 349,002 shares during the period. Finally, Janney Montgomery Scott LLC boosted its position in Credit Suisse High Yield Bond Fund by 5.9% during the first quarter. Janney Montgomery Scott LLC now owns 158,866 shares of the real estate investment trust’s stock valued at $302,000 after buying an additional 8,837 shares during the period.

Credit Suisse High Yield Bond Fund Company Profile

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.