Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) Plans Monthly Dividend of $0.02

Posted by Carolyn Dwyer on Mar 4th, 2025

Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY – Get Free Report) announced a monthly dividend on Tuesday, March 4th, Wall Street Journal reports. Investors of record on Monday, March 17th will be given a dividend of 0.0155 per share by the real estate investment trust on Monday, March 24th. This represents a $0.19 annualized dividend and a yield of 8.57%. The ex-dividend date is Monday, March 17th.

Credit Suisse High Yield Bond Fund has raised its dividend by an average of 2.7% annually over the last three years.

Credit Suisse High Yield Bond Fund Trading Down 0.5 %

DHY stock traded down $0.01 during trading on Tuesday, hitting $2.17. The stock had a trading volume of 309,801 shares, compared to its average volume of 375,563. Credit Suisse High Yield Bond Fund has a twelve month low of $1.96 and a twelve month high of $2.27.

Insider Buying and Selling

In other news, insider Laura A. Defelice acquired 56,801 shares of the company’s stock in a transaction on Tuesday, January 21st. The shares were bought at an average cost of $2.13 per share, with a total value of $120,986.13. Following the transaction, the insider now owns 66,653 shares in the company, valued at approximately $141,970.89. This trade represents a 576.54 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 14.35% of the company’s stock.

Credit Suisse High Yield Bond Fund Company Profile

(Get Free Report)

Credit Suisse High Yield Bond Fund, Inc is a closed ended fixed income mutual fund launched and managed by Credit Suisse Asset Management, LLC. The fund invests in the fixed income markets of the United States. It invests in the securities of companies across diversified sectors. The fund primarily invests in below-investment-grade corporate bonds with an average credit quality lower than BBB by Standard & Poor's and an average duration of 5.07 years.