Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) Plans Monthly Dividend of $0.15

Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY – Get Free Report) announced a monthly dividend on Monday, November 2nd. Investors of record on Monday, November 16th will be paid a dividend of $0.1550 per share by the real estate investment trust on Monday, November 23rd. This represents a $1.86 annualized dividend and a yield of 11.2%. The ex-dividend date of this dividend is Monday, November 16th.

Credit Suisse High Yield Bond Fund Trading Up 0.4%

Credit Suisse High Yield Bond Fund stock opened at $16.64 on Tuesday. Credit Suisse High Yield Bond Fund has a 52-week low of $15.00 and a 52-week high of $20.80. The company’s 50 day moving average is $16.48 and its two-hundred day moving average is $17.86.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of DHY. Rareview Capital LLC purchased a new position in shares of Credit Suisse High Yield Bond Fund in the 2nd quarter valued at about $1,861,000. Janney Montgomery Scott LLC increased its stake in shares of Credit Suisse High Yield Bond Fund by 5.9% during the first quarter. Janney Montgomery Scott LLC now owns 158,866 shares of the real estate investment trust’s stock worth $302,000 after buying an additional 8,837 shares during the period. Integrated Wealth Concepts LLC increased its stake in shares of Credit Suisse High Yield Bond Fund by 533.1% during the second quarter. Integrated Wealth Concepts LLC now owns 141,972 shares of the real estate investment trust’s stock worth $253,000 after buying an additional 119,546 shares during the period. Integrated Advisors Network LLC raised its holdings in Credit Suisse High Yield Bond Fund by 129.4% in the first quarter. Integrated Advisors Network LLC now owns 97,380 shares of the real estate investment trust’s stock valued at $185,000 after acquiring an additional 54,926 shares in the last quarter. Finally, WealthTrust Asset Management LLC acquired a new stake in Credit Suisse High Yield Bond Fund in the first quarter valued at approximately $41,000.

About Credit Suisse High Yield Bond Fund

(Get Free Report)

Credit Suisse High Yield Bond Fund is a closed-end investment fund that seeks to provide a high level of current income, with capital appreciation as a secondary objective. The fund invests primarily in below-investment-grade corporate debt securities, commonly known as high-yield or “junk” bonds.

The fund’s portfolio may include bonds and other debt obligations issued by companies across a range of industries and geographic markets. These securities generally offer higher income potential than investment-grade bonds but also involve greater credit, interest-rate and market risks.

The fund was established to provide shareholders with professionally managed exposure to the high-yield bond market through a diversified portfolio.

Further Reading

Dividend History for Credit Suisse High Yield Bond Fund (NYSEAMERICAN:DHY)

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