BNY Mellon High Yield Strategies Fund
DHFFinancial Services · Stock · monthly payer
$2.44
Add to PortfolioForward Yield
8.54%
Annual Dividend
$0.21
Payout Ratio
100%
5-Yr Growth
-3.9%
Ex-Date
Jun 5, 2026
Frequency
Monthly
DHF Dividend Safety Score
56/ 100
Grade C
Borderline
Dividend-growth streak2 consecutive years of growth
Cut historyCut its dividend in 2023
Earnings payout coverage100% of earnings paid out
Balance-sheet strengthDebt/equity of 0.36
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is DHF a good dividend stock?
MixedBNY Mellon High Yield Strategies Fund (DHF) pays a monthly dividend yielding 8.54% ($0.21/yr), with 2 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
Risks
- Cut its dividend in 2023
- Elevated payout ratio (100%)
- Dividend has been shrinking, not growing
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 8.54%
- Payout Ratio
- 100%
- Annual Dividend
- $0.21
- 5-Yr Avg Growth
- -3.9%
- Ex-Dividend Date
- Jun 5, 2026
- Years of Growth
- 2
- Frequency
- monthly
- Beta
- 0.73
- Market Cap
- $177.5M
- P/E Ratio
- 14.4
- 5-Yr Total Return
- -34%
- 52-Week Range
- $2.33 – $2.63
- Dividend Safety
- C · 56/100
- Ever Cut?
- Yes (2023)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 7, 2026 | — | $0.0180 | regular |
| Apr 8, 2026 | — | $0.0180 | regular |
| Mar 10, 2026 | — | $0.0180 | regular |
| Feb 5, 2026 | — | $0.0180 | regular |
| Dec 23, 2025 | — | $0.0180 | regular |
| Dec 5, 2025 | — | $0.0180 | regular |
| Nov 6, 2025 | — | $0.0180 | regular |
| Oct 8, 2025 | — | $0.0180 | regular |
| Sep 10, 2025 | — | $0.0180 | regular |
| Aug 6, 2025 | — | $0.0180 | regular |
| Jul 10, 2025 | — | $0.0180 | regular |
| Jun 6, 2025 | — | $0.0180 | regular |
| May 8, 2025 | — | $0.0180 | regular |
| Apr 9, 2025 | — | $0.0180 | regular |
Income Calculator
At $0.21 / yr per share
Per payment (monthly)$1.75
Annual$21.00
Monthly avg$1.75
