BNY Mellon High Yield Strategies Fund (DHF) to Issue Monthly Dividend of $0.02 on April 1st

BNY Mellon High Yield Strategies Fund (NYSE:DHF) declared a monthly dividend on Tuesday, February 24th. Stockholders of record on Tuesday, March 10th will be given a dividend of 0.0175 per share by the investment management company on Wednesday, April 1st. This represents a c) annualized dividend and a dividend yield of 8.4%. The ex-dividend date is Tuesday, March 10th.

BNY Mellon High Yield Strategies Fund Stock Up 0.6%

Shares of DHF opened at $2.50 on Thursday. The firm’s fifty day moving average is $2.52 and its two-hundred day moving average 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.

BNY Mellon High Yield Strategies Fund Company Profile

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.