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

BNY Mellon High Yield Strategies Fund (NYSE:DHF - Get Free Report) declared a monthly dividend on Friday, January 24th,Wall Street Journal reports. Investors of record on Thursday, February 6th will be paid a dividend of 0.0175 per share by the investment management company on Friday, February 21st. This represents a $0.21 annualized dividend and a yield of 7.98%. The ex-dividend date of this dividend is Thursday, February 6th.

BNY Mellon High Yield Strategies Fund Stock Performance

NYSE DHF remained flat at $2.63 during midday trading on Friday. The company's stock had a trading volume of 135,624 shares, compared to its average volume of 160,382. BNY Mellon High Yield Strategies Fund has a 1-year low of $2.27 and a 1-year high of $2.69. The firm has a 50 day simple moving average of $2.60 and a 200-day simple moving average of $2.57.

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.

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