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

BNY Mellon High Yield Strategies Fund (NYSE:DHF) declared a monthly dividend on Friday, December 13th,Wall Street Journal reports. Stockholders of record on Friday, December 27th will be paid a dividend of 0.0175 per share by the investment management company on Monday, January 13th. This represents a $0.21 annualized dividend and a dividend yield of 8.05%. The ex-dividend date is Friday, December 27th.

BNY Mellon High Yield Strategies Fund Stock Performance

Shares of DHF stock traded up $0.02 during trading on Friday, reaching $2.61. The company’s stock had a trading volume of 201,381 shares, compared to its average volume of 333,342. BNY Mellon High Yield Strategies Fund has a one year low of $2.27 and a one year high of $2.69. The business has a fifty day moving average price of $2.61 and a 200-day moving average price of $2.54.

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.