BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. (NYSE:DCF) Announces Monthly Dividend of $0.04

BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. (NYSE:DCF) declared a monthly dividend on Wednesday, March 27th, investing.com reports. Stockholders of record on Thursday, April 11th will be given a dividend of 0.035 per share on Thursday, April 25th. This represents a $0.42 dividend on an annualized basis and a dividend yield of 4.88%. The ex-dividend date of this dividend is Wednesday, April 10th.

BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund has decreased its dividend payment by an average of 7.8% per year over the last three years.

BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund Trading Down 0.2 %

DCF traded down $0.02 on Friday, hitting $8.61. 22,312 shares of the stock traded hands, compared to its average volume of 30,871. BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund has a 52 week low of $7.32 and a 52 week high of $8.74. The business has a fifty day moving average price of $8.48 and a two-hundred day moving average price of $8.11.

Institutional Trading of BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund

Several institutional investors and hedge funds have recently made changes to their positions in the business. Osaic Holdings Inc. boosted its stake in shares of BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund by 1,440.3% during the 2nd quarter. Osaic Holdings Inc. now owns 284,953 shares of the company’s stock worth $2,151,000 after buying an additional 266,453 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund by 47.4% during the fourth quarter. Envestnet Asset Management Inc. now owns 218,090 shares of the company’s stock worth $1,777,000 after acquiring an additional 70,091 shares during the last quarter. Cetera Investment Advisers increased its holdings in shares of BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund by 45.6% during the first quarter. Cetera Investment Advisers now owns 103,420 shares of the company’s stock worth $784,000 after purchasing an additional 32,388 shares during the period. Stifel Financial Corp increased its holdings in shares of BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund by 2.3% during the second quarter. Stifel Financial Corp now owns 88,015 shares of the company’s stock worth $665,000 after purchasing an additional 1,971 shares during the period. Finally, Comerica Bank increased its stake in BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund by 81.7% in the fourth quarter. Comerica Bank now owns 87,164 shares of the company’s stock valued at $710,000 after acquiring an additional 39,187 shares during the last quarter.

BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund Company Profile

BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc operates as a closed-end investment fund. The fund’s investment objective is to seek high current income and to invest in credit instruments and other investments. The company is headquartered in New York, NY.