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NEW YORK - BNY Mellon High Yield Strategies Fund (NYSE:DHF) declared a monthly cash dividend of $0.0175 per share from net investment income, according to a press release issued Wednesday. The fund currently offers an attractive 8.08% dividend yield and has maintained consistent dividend payments for 28 consecutive years, according to InvestingPro data.
The dividend will be payable on October 23, 2025, to shareholders of record at the close of business on October 8, 2025. The ex-dividend date is also October 8, 2025.
The declared dividend amount remains unchanged from the previous distribution announced in August.
BNY Mellon High Yield Strategies Fund is a closed-end fund traded 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 reported $55.8 trillion in assets under custody and/or administration as of June 30, 2025. BNY is the corporate brand of The Bank of New York Mellon Corporation (NYSE:BK).
Closed-end funds like DHF may trade at prices above or below the net asset value of the fund’s portfolio on the secondary market, with share values fluctuating based on market conditions.
In other recent news, BNY Mellon High Yield Strategies Fund announced that its Board of Trustees has declared a monthly cash dividend of $0.0175 per share. This distribution amount remains consistent with the previous month’s dividend. The dividend is scheduled to be payable on September 24, 2025, to shareholders who are recorded as of September 10, 2025. This announcement was made through a press release issued by the fund. The ex-dividend date is also set for September 10, 2025. These recent developments highlight the fund’s ongoing commitment to providing regular income to its shareholders.
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