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

Posted by Caroline Horne on Mar 4th, 2025

Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY – Get Free Report) announced a monthly dividend on Tuesday, March 4th, Wall Street Journal reports. Investors of record on Monday, March 17th will be paid a dividend of 0.0155 per share by the real estate investment trust on Monday, March 24th. This represents a $0.19 annualized dividend and a yield of 8.57%. The ex-dividend date of this dividend is Monday, March 17th.

Credit Suisse High Yield Bond Fund has increased its dividend by an average of 2.7% per year over the last three years.

Credit Suisse High Yield Bond Fund Stock Performance

Shares of DHY stock traded down $0.01 on Tuesday, hitting $2.17. The stock had a trading volume of 309,801 shares, compared to its average volume of 375,563. Credit Suisse High Yield Bond Fund has a 52-week low of $1.96 and a 52-week high of $2.27.

Insiders Place Their Bets

In other Credit Suisse High Yield Bond Fund news, insider Laura A. Defelice bought 56,801 shares of the stock in a transaction on Tuesday, January 21st. The stock was purchased at an average price of $2.13 per share, for a total transaction of $120,986.13. Following the completion of the purchase, the insider now directly owns 66,653 shares in the company, valued at approximately $141,970.89. This trade represents a 576.54 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 14.35% of the stock is owned by company insiders.

Credit Suisse High Yield Bond Fund Company Profile

(Get Free Report)

Credit Suisse High Yield Bond Fund, Inc is a closed ended fixed income mutual fund launched and managed by Credit Suisse Asset Management, LLC. The fund invests in the fixed income markets of the United States. It invests in the securities of companies across diversified sectors. The fund primarily invests in below-investment-grade corporate bonds with an average credit quality lower than BBB by Standard & Poor's and an average duration of 5.07 years.