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

BNY Mellon High Yield Strategies Fund (NYSE:DHF) announced a monthly dividend on Wednesday, April 24th, NASDAQ reports. Shareholders of record on Wednesday, May 8th will be paid a dividend of 0.0175 per share by the investment management company on Wednesday, May 22nd. This represents a $0.21 dividend on an annualized basis and a yield of 8.90%. The ex-dividend date of this dividend is Tuesday, May 7th.

BNY Mellon High Yield Strategies Fund has decreased its dividend by an average of 11.3% per year 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

BNY Mellon High Yield Strategies Fund stock opened at $2.36 on Monday. BNY Mellon High Yield Strategies Fund has a 12-month low of $2.06 and a 12-month high of $2.42. The firm has a 50 day moving average of $2.35 and a 200 day moving average of $2.29.

About BNY Mellon High Yield Strategies Fund

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.