Credit Suisse High Yield Bond Fund, Inc. (DHY) To Go Ex-Dividend on March 16th

Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) announced a monthly dividend on Monday, March 2nd. Shareholders of record on Monday, March 16th will be given a dividend of 0.0155 per share by the real estate investment trust on Monday, March 23rd. This represents a c) annualized dividend and a yield of 10.0%. The ex-dividend date is Monday, March 16th.

Credit Suisse High Yield Bond Fund Price Performance

Shares of DHY remained flat at $1.86 during mid-day trading on Friday. The stock had a trading volume of 521,455 shares, compared to its average volume of 580,852. Credit Suisse High Yield Bond Fund has a 52 week low of $1.82 and a 52 week high of $2.16. The business’s fifty day moving average price is $1.98 and its 200-day moving average price is $2.03.

Institutional Investors Weigh In On Credit Suisse High Yield Bond Fund

Several hedge funds have recently added to or reduced their stakes in the business. Integrity Advisory Solutions LLC increased its holdings in shares of Credit Suisse High Yield Bond Fund by 24.9% in the fourth quarter. Integrity Advisory Solutions LLC now owns 26,501 shares of the real estate investment trust’s stock valued at $53,000 after purchasing an additional 5,280 shares during the last quarter. Janney Montgomery Scott LLC raised its position in shares of Credit Suisse High Yield Bond Fund by 5.6% in the fourth quarter. Janney Montgomery Scott LLC now owns 150,029 shares of the real estate investment trust’s stock valued at $300,000 after purchasing an additional 8,000 shares during the period. D.A. Davidson & CO. lifted its stake in shares of Credit Suisse High Yield Bond Fund by 32.0% during the 4th quarter. D.A. Davidson & CO. now owns 43,680 shares of the real estate investment trust’s stock worth $87,000 after buying an additional 10,580 shares during the last quarter. Bank of America Corp DE lifted its stake in shares of Credit Suisse High Yield Bond Fund by 19.6% during the 2nd quarter. Bank of America Corp DE now owns 68,345 shares of the real estate investment trust’s stock worth $146,000 after buying an additional 11,197 shares during the last quarter. Finally, Park Avenue Securities LLC boosted its holdings in shares of Credit Suisse High Yield Bond Fund by 2.7% during the 3rd quarter. Park Avenue Securities LLC now owns 479,502 shares of the real estate investment trust’s stock worth $988,000 after buying an additional 12,535 shares during the period.

About Credit Suisse High Yield Bond Fund

The Credit Suisse High Yield Bond Fund (NYSEAMERICAN:DHY) is a closed-end management investment company that seeks to provide investors with high current income by primarily investing in below-investment-grade, U.S. dollar-denominated corporate debt securities. The fund offers exposure to a broad array of high-yield bonds issued by companies across various sectors, including industrials, communications, and financial services. It is structured to trade on the NYSE American exchange, enabling investors to gain intraday access to a diversified high-yield portfolio.

In managing its portfolio, the fund adheres to a disciplined credit research process that evaluates issuers’ fundamentals, cash flow profiles, and relative valuations.