BNY Mellon High Yield Strategies Fund Declares Dividend

Rhea-AI Summary

On April 27, 2021, the BNY Mellon High Yield Strategies Fund (NYSE: DHF) declared a monthly cash dividend of $0.0215 per share from net investment income. This dividend is payable on May 25, 2021 to shareholders recorded by the close of business on May 11, 2021, with an ex-dividend date of May 10, 2021. Notably, this is consistent with the previous dividend declared in March. The fund is managed by BNY Mellon Investment Adviser, a part of one of the world's largest asset management firms with $2.2 trillion in assets under management.

Positive

• Consistent monthly dividend of $0.0215 per share demonstrates reliable income for shareholders.
• Managed by a reputable firm with $2.2 trillion in assets under management.

Negative

• None.

On April 27, 2021, the Board of Trustees of BNY Mellon High Yield Strategies Fund (NYSE: DHF) declared from net investment income a monthly cash dividend of $0.0215 per share of beneficial interest, payable on May 25, 2021 to shareholders of record at the close of business on May 11, 2021. The ex-dividend date is May 10, 2021. The previous dividend declared in March was $0.0215 per share of beneficial interest.

Important Information

BNY Mellon Investment Adviser, Inc., the investment adviser for the Fund, is part of BNY Mellon Investment Management. BNY Mellon Investment Management is one of the world’s largest asset managers, with $2.2 trillion in assets under management as of March 31, 2021. Through an investor-first approach, BNY Mellon Investment Management brings to clients the best of both worlds: specialist expertise from eight investment firms offering solutions across every major asset class, backed by the strength, stability, and global presence of BNY Mellon, one of the world’s most trusted investment partners. Additional information on BNY Mellon Investment Management is available on www.bnymellonim.com.

BNY Mellon Investment Management is a division of BNY Mellon, which has $41.7 trillion in assets under custody and/or administration as of March 31, 2021. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on www.bnymellon.com. Follow us on Twitter @BNYMellon or visit our newsroom at www.bnymellon.com/newsroom for the latest company news.

Closed-end funds are traded on the secondary market through one of the stock exchanges. The Fund's investment returns and principal values will fluctuate so that an investor’s shares may be worth more or less than the original cost. Shares of closed-end funds may trade above (a premium) or below (a discount) the net asset value (NAV) of the fund’s portfolio. There is no assurance that the Fund will achieve its investment objective.

This release is for informational purposes only and should not be considered as investment advice or a recommendation of any particular security.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210427006156/en/

FAQ

What is the dividend amount for DHF in May 2021?

The dividend amount for BNY Mellon High Yield Strategies Fund (DHF) in May 2021 is $0.0215 per share.

When is the ex-dividend date for DHF in May 2021?

The ex-dividend date for BNY Mellon High Yield Strategies Fund (DHF) is May 10, 2021.

When will the dividend for DHF be paid?

The dividend for BNY Mellon High Yield Strategies Fund (DHF) will be paid on May 25, 2021.

What was the previous dividend declared for DHF?

The previous dividend declared for BNY Mellon High Yield Strategies Fund (DHF) was also $0.0215 per share in March 2021.