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

BNY Mellon High Yield Strategies Fund (NYSE:DHF) announced a monthly dividend on Tuesday, September 24th, Wall Street Journal reports. Shareholders of record on Tuesday, October 8th will be given a dividend of 0.0175 per share by the investment management company on Wednesday, October 23rd. This represents a $0.21 dividend on an annualized basis and a yield of 7.97%. The ex-dividend date of this dividend is Tuesday, October 8th.

BNY Mellon High Yield Strategies Fund Stock Up 1.0 %

NYSE:DHF opened at $2.64 on Thursday. BNY Mellon High Yield Strategies Fund has a 1 year low of $2.06 and a 1 year high of $2.64. The stock has a 50-day simple moving average of $2.53 and a 200-day simple moving average of $2.44.

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.