BNY Mellon High Yield Strategies Fund (NYSE:DHF) Declares Dividend of $0.02

BNY Mellon High Yield Strategies Fund (NYSE:DHF) announced a dividend on Tuesday, May 21st, NASDAQ reports. Shareholders of record on Wednesday, June 5th will be paid a dividend of 0.0175 per share by the investment management company on Thursday, June 20th. The ex-dividend date is Wednesday, June 5th.

BNY Mellon High Yield Strategies Fund has decreased its dividend by an average of 11.3% annually over the last three years and has raised its dividend every year for the last 1 years.

BNY Mellon High Yield Strategies Fund Price Performance

NYSE:DHF remained flat at $2.44 on Wednesday. 327,921 shares of the company’s stock traded hands, compared to its average volume of 392,698. The business has a 50 day simple moving average of $2.35 and a 200-day simple moving average of $2.32. BNY Mellon High Yield Strategies Fund has a 52-week low of $2.06 and a 52-week high of $2.45.

BNY Mellon High Yield Strategies Fund Company Profile

BNY Mellon High Yield Strategies Fund is a closed ended fixed income mutual fund launched and managed by BNY Mellon Investment Adviser, Inc The fund invests in the fixed income markets of the United States. It primarily invests in fixed income securities of below investment grade quality, including securities of companies at early stages of development and companies with a highly leveraged financial structure.