Gold prices briefly hit record high over $3,500/oz on fiscal, tariff concerns
NEW YORK - BNY Mellon High Yield Strategies Fund (NYSE:DHF) announced Tuesday that its Board of Trustees has declared a monthly cash dividend of $0.0175 per share, maintaining the same distribution amount as the previous month. The fund currently offers an attractive 8.17% dividend yield and has maintained consistent dividend payments for 28 consecutive years, according to InvestingPro data.
The dividend will be payable on September 24, 2025, to shareholders of record as of September 10, 2025, which is also the ex-dividend date, according to a press release issued by the fund.
The dividend will be paid from the fund’s net investment income, the company stated.
BNY Mellon High Yield Strategies Fund is a closed-end fund that trades on the secondary market through stock exchanges. The fund’s investment adviser, BNY Mellon Investment Adviser, Inc., is part of BNY Investments, which manages approximately $2.1 trillion in assets as of June 30, 2025.
BNY Investments operates as a division of BNY, which holds $55.8 trillion in assets under custody and/or administration as of the end of June 2025. BNY is the corporate brand of The Bank of New York Mellon Corporation (NYSE:BK).
As with other closed-end funds, shares may trade at prices above or below the net asset value of the fund’s portfolio on the secondary market.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.