BNY Mellon High Yield Strategies Fund (DHF) To Go Ex-Dividend on February 5th

BNY Mellon High Yield Strategies Fund (NYSE:DHF) announced a monthly dividend on Thursday, January 22nd. Shareholders of record on Thursday, February 5th will be given a dividend of 0.0175 per share by the investment management company on Friday, February 20th. This represents a c) annualized dividend and a yield of 8.3%. The ex-dividend date of this dividend is Thursday, February 5th.

BNY Mellon High Yield Strategies Fund Stock Down 0.2%

NYSE DHF opened at $2.52 on Friday. The stock’s 50-day moving average price is $2.51 and its 200-day moving average price is $2.55. BNY Mellon High Yield Strategies Fund has a 52 week low of $2.21 and a 52 week high of $2.63.

About BNY Mellon High Yield Strategies Fund

BNY Mellon High Yield Strategies Fund (NYSE: DHF) is a diversified, closed-end management investment company that seeks to provide a high level of current income by primarily investing in below-investment-grade corporate debt securities. The fund allocates its portfolio across a broad range of industries and issuers, with an emphasis on high-yield bonds of U.S. companies, and may employ leverage to enhance income potential. It also maintains flexibility to invest in other fixed-income securities, including senior loans, preferred securities and selective investment-grade corporate debt.

Launched in 2011 and sponsored by The Bank of New York Mellon Corporation, the fund is managed by the global fixed-income team at Mellon Investments Corporation, a subsidiary of BNY Mellon.