Cash Dividend On The Way From Credit Suisse High Yield Bond Fund (DHY)

Looking at the universe of stocks we cover at Dividend Channel, on 6/12/15, Credit Suisse High Yield Bond Fund (DHY) will trade ex-dividend, for its monthly dividend of $0.024, payable on 6/22/15. As a percentage of DHY's recent stock price of $2.80, this dividend works out to approximately 0.86%, so look for shares of Credit Suisse High Yield Bond Fund to trade 0.86% lower — all else being equal — when DHY shares open for trading on 6/12/15.

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Below is a dividend history chart for DHY, showing historical dividends prior to the most recent $0.024 declared by Credit Suisse High Yield Bond Fund:

DHY+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from DHY is likely to continue, and whether the current estimated yield of 10.29% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of DHY shares, versus its 200 day moving average:

Credit Suisse High Yield Bond Fund 200 Day Moving Average Chart

Looking at the chart above, DHY's low point in its 52 week range is $2.41 per share, with $3.27 as the 52 week high point — that compares with a last trade of $2.80.

In Wednesday trading, Credit Suisse High Yield Bond Fund shares are currently up about 0.4% on the day.

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