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

Posted by Dante Gardener on Feb 5th, 2025

Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY – Get Free Report) declared a monthly dividend on Monday, February 3rd,Wall Street Journal reports. Stockholders of record on Tuesday, February 18th will be given a dividend of 0.0155 per share by the real estate investment trust on Tuesday, February 25th. This represents a $0.19 annualized dividend and a dividend yield of 8.73%. The ex-dividend date of this dividend is Tuesday, February 18th.

Credit Suisse High Yield Bond Fund has increased its dividend by an average of 3.3% annually over the last three years.

Credit Suisse High Yield Bond Fund Trading Down 0.9 %

Credit Suisse High Yield Bond Fund stock traded down $0.02 during mid-day trading on Wednesday, reaching $2.13. The company’s stock had a trading volume of 379,738 shares, compared to its average volume of 367,354. Credit Suisse High Yield Bond Fund has a 12-month low of $1.93 and a 12-month high of $2.27.

Insider Buying and Selling at Credit Suisse High Yield Bond Fund

In other news, insider Laura A. Defelice acquired 56,801 shares of Credit Suisse High Yield Bond Fund stock in a transaction on Tuesday, January 21st. The stock was acquired at an average cost of $2.13 per share, for a total transaction of $120,986.13. Following the purchase, the insider now owns 66,653 shares in the company, valued at $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 can be accessed through the SEC website. Insiders own 14.35% of the company’s stock.

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.