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 Thursday, January 23rd,Wall Street Journal reports. Investors of record on Thursday, February 6th will be paid a dividend of 0.0175 per share by the investment management company on Friday, February 21st. This represents a $0.21 dividend on an annualized basis and a yield of 7.98%. The ex-dividend date of this dividend is Thursday, February 6th.

BNY Mellon High Yield Strategies Fund Price Performance

NYSE:DHF remained flat at $2.63 during mid-day trading on Friday. 135,624 shares of the company traded hands, compared to its average volume of 160,382. The stock’s 50 day moving average is $2.60 and its 200 day moving average is $2.57. BNY Mellon High Yield Strategies Fund has a 12-month low of $2.27 and a 12-month high of $2.69.

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.