Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) Shares Set to Pay Monthly Dividend of $0.15

Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) announced a monthly dividend on Thursday, October 1st. Shareholders of record on Thursday, October 15th will be paid a dividend of $0.1550 per share by the real estate investment trust on Thursday, October 22nd. This represents a $1.86 annualized dividend and a dividend yield of 11.6%. The ex-dividend date is Thursday, October 15th.

Credit Suisse High Yield Bond Fund Trading Up 0.3%

Credit Suisse High Yield Bond Fund stock traded up $0.05 during midday trading on Friday, reaching $16.10. The stock had a trading volume of 10,985 shares, compared to its average volume of 75,388. Credit Suisse High Yield Bond Fund has a 12 month low of $15.00 and a 12 month high of $21.20. The firm’s 50-day moving average price is $16.98 and its 200 day moving average price is $17.59.

Institutional Trading of Credit Suisse High Yield Bond Fund

Institutional investors have recently modified their holdings of the business. Janney Montgomery Scott LLC raised its stake in Credit Suisse High Yield Bond Fund by 5.9% in the first quarter. Janney Montgomery Scott LLC now owns 158,866 shares of the real estate investment trust’s stock valued at $302,000 after purchasing an additional 8,837 shares in the last quarter. Rockefeller Capital Management L.P. purchased a new position in Credit Suisse High Yield Bond Fund in the 4th quarter worth approximately $40,000. WealthTrust Asset Management LLC bought a new position in shares of Credit Suisse High Yield Bond Fund in the 1st quarter worth $41,000. World Investment Advisors purchased a new stake in shares of Credit Suisse High Yield Bond Fund during the 4th quarter valued at $106,000. Finally, Integrated Advisors Network LLC raised its position in shares of Credit Suisse High Yield Bond Fund by 129.4% during the 1st quarter. Integrated Advisors Network LLC now owns 97,380 shares of the real estate investment trust’s stock valued at $185,000 after buying an additional 54,926 shares in the last quarter.

About Credit Suisse High Yield Bond Fund

Credit Suisse High Yield Bond Fund is a closed-end investment fund listed on the NYSE American under the symbol DHY. The fund is designed to provide investors with exposure to the high-yield bond market, commonly known as the below-investment-grade or “junk” bond market.

The fund invests primarily in a diversified portfolio of high-yield corporate debt securities. These holdings may include bonds and other fixed-income instruments issued by companies across a range of industries, with the portfolio focused on generating a high level of current income.