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

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

Credit Suisse High Yield Bond Fund has raised its dividend payment by an average of 3.3% per year over the last three years.

Credit Suisse High Yield Bond Fund Stock Down 0.9 %

DHY traded down $0.02 on Wednesday, reaching $2.13. The 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 Credit Suisse High Yield Bond Fund news, insider Laura A. Defelice acquired 56,801 shares of the business’s stock in a transaction on Tuesday, January 21st. The stock was bought at an average price of $2.13 per share, for a total transaction of $120,986.13. Following the acquisition, the insider now owns 66,653 shares in the company, valued at approximately $141,970.89. The trade was a 576.54 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. 14.35% of the stock is owned by corporate insiders.

Credit Suisse High Yield Bond Fund Company Profile

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.