SmarterDividends
DHY

Credit Suisse High Yield Credit Fund

DHY

Financial Services · Stock · monthly payer

Forward Yield

10.63%

Annual Dividend

$0.19

Payout Ratio

155%

5-Yr Growth

-1.2%

Ex-Date

Jun 15, 2026

Frequency

Monthly

DHY Dividend Safety Score

58/ 100
Grade C

Borderline

Dividend-growth streak4 consecutive years of growth
Cut historyCut its dividend in 2021
Earnings payout coverage155% of earnings paid out
Balance-sheet strengthDebt/equity of 0.43
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 DHY a good dividend stock?

Yes, with caveats

Credit Suisse High Yield Credit Fund (DHY) pays a monthly dividend yielding 10.63% ($0.19/yr), with 4 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

    Risks

    • Cut its dividend in 2021
    • Elevated payout ratio (155%)
    • 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
    10.63%
    Payout Ratio
    155%
    Annual Dividend
    $0.19
    5-Yr Avg Growth
    -1.2%
    Ex-Dividend Date
    Jun 15, 2026
    Years of Growth
    4
    Frequency
    monthly
    Beta
    0.50
    Market Cap
    $241.8M
    P/E Ratio
    14.6
    5-Yr Total Return
    -31%
    52-Week Range
    $0.01 – $2.15
    Dividend Safety
    C · 58/100
    Ever Cut?
    Yes (2021)
    DHY ex-dividend date & scheduleNext ex-date Jun 15, 2026 · full ex-dividend historyView →

    Frequently Asked Questions

    Income Calculator

    At $0.19 / yr per share

    Per payment (monthly)$1.58
    Annual$19.00
    Monthly avg$1.58