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

Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) announced a monthly dividend on Monday, February 3rd,Wall Street Journal reports. Investors of record on Tuesday, February 18th will be given a dividend of 0.0155 per share by the real estate investment trust on Tuesday, February 25th. This represents a $0.19 dividend on an annualized basis and a dividend yield of 8.73%. The ex-dividend date of this dividend is Tuesday, February 18th.

Credit Suisse High Yield Bond Fund has increased its dividend by an average of 3.3% per year over the last three years.

Credit Suisse High Yield Bond Fund Stock Down 0.9 %

DHY traded down $0.02 during trading on Wednesday, reaching $2.13. 379,738 shares of the company’s stock were exchanged, compared to its average volume of 367,354. Credit Suisse High Yield Bond Fund has a fifty-two week low of $1.93 and a fifty-two week high of $2.27.

Insider Buying and Selling

In other Credit Suisse High Yield Bond Fund news, insider Laura A. Defelice bought 56,801 shares of Credit Suisse High Yield Bond Fund stock in a transaction on Tuesday, January 21st. The shares were purchased at an average cost of $2.13 per share, for a total transaction of $120,986.13. Following the completion of the acquisition, the insider now owns 66,653 shares in the company, valued at approximately $141,970.89. The trade was a 576.54 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. 14.35% of the stock is owned by insiders.

Credit Suisse High Yield Bond Fund Company Profile

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.