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

BNY Mellon High Yield Strategies Fund (NYSE:DHF) declared a monthly dividend on Thursday, December 12th,Wall Street Journal reports. Stockholders of record on Friday, December 27th will be given a dividend of 0.0175 per share by the investment management company on Monday, January 13th. This represents a $0.21 dividend on an annualized basis and a dividend yield of 8.09%. The ex-dividend date is Friday, December 27th.

BNY Mellon High Yield Strategies Fund Stock Performance

Shares of DHF stock opened at $2.60 on Friday. The business has a 50 day moving average of $2.61 and a two-hundred day moving average of $2.54. BNY Mellon High Yield Strategies Fund has a 52 week low of $2.27 and a 52 week 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.