BNY Mellon High Yield Strategies Fund (DHF) to Issue Monthly Dividend of $0.02 on September 24th

BNY Mellon High Yield Strategies Fund (NYSE:DHF) announced a monthly dividend on Wednesday, August 26th. Stockholders of record on Thursday, September 10th will be paid a dividend of 0.0175 per share by the investment management company on Thursday, September 24th. This represents a c) dividend on an annualized basis and a dividend yield of 8.9%. The ex-dividend date is Thursday, September 10th.

BNY Mellon High Yield Strategies Fund Stock Up 0.2%

BNY Mellon High Yield Strategies Fund stock opened at $2.37 on Friday. The stock has a 50-day simple moving average of $2.39 and a 200 day simple moving average of $2.42. BNY Mellon High Yield Strategies Fund has a 12-month low of $2.32 and a 12-month high of $2.63.

About BNY Mellon High Yield Strategies Fund

BNY Mellon High Yield Strategies Fund (NYSE: DHF) is a diversified, closed-end management investment company that seeks to provide a high level of current income by primarily investing in below-investment-grade corporate debt securities. The fund allocates its portfolio across a broad range of industries and issuers, with an emphasis on high-yield bonds of U.S. companies, and may employ leverage to enhance income potential. It also maintains flexibility to invest in other fixed-income securities, including senior loans, preferred securities and selective investment-grade corporate debt.

Launched in 2011 and sponsored by The Bank of New York Mellon Corporation, the fund is managed by the global fixed-income team at Mellon Investments Corporation, a subsidiary of BNY Mellon.