Tag: Yield

BNY Mellon High Yield Strategies Fund Declares Dividend

BNY Mellon High Yield Strategies Fund Declares Dividend

On September 25, 2020, 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 October 26, 2020 to shareholders of record at the close of business on October 9, 2020. The ex-dividend date is October 8, 2020. The previous dividend declared in August 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 leading investment management organizations and one of the top U.S. wealth managers, with US $2.0 trillion in assets under management as of June 30, 2020. BNY Mellon Investment Management encompasses BNY Mellon’s affiliated investment management firms, wealth management organization and global distribution

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Buy this Cheap Consumer Staples Stock for its High Dividend Yield?

Newell Brands NWL is a consumer goods firm with a diverse portfolio. The stock had been trending pretty heavily in the wrong direction over the last several years. But it has shown signs of life during the coronavirus comeback.

What Went Wrong?

Newell’s vast portfolio includes Paper Mate, Coleman, Rubbermaid, Yankee Candle, and more. The current iteration of the company was formed after a merger between Newell Rubbermaid and Jarden Corporation back in 2016.

NWL’s sales have dropped in the last few years as it tries to navigate the quickly changing retail landscape that has Wall Street and shoppers increasingly focused on e-commerce. In today’s retail environment, upstart brands can find success on Amazon AMZN, Etsy ETSY, Instagram FB, and many other platforms.

Newell’s sales slipped 9% in 2018 and another 4.3% last year. To help try to turn the tide and improve Wall Street sentiment, Newell announced in March

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Make A Million! 3 Cheap Stocks (Including A 7.5% Dividend Yield) You Should Buy Before October

UK share prices continue to struggle for traction as the Covid-19 crisis rolls on. There are a number of reasons why investor confidence has failed to recover after the stock market crash of 2020. They are problems that threaten to keep demand for UK shares under intense strain, too.

I’m continuing to buy UK shares despite the uncertain economic outlook, though. There are too many top-quality bargain stocks that are available to buy following the market crash. What’s more, some of these could rocket in value before too long despite those macroeconomic and geopolitical factors that are currently draining investor confidence.

Here are several UK shares I think stock investors should consider buying before October:

Chesnara

Financial colossus Chesnara offers the best of both worlds to investors. As well as trading on a forward price-to-earnings (P/E) of just 15 times it carries a mammoth 7.5% dividend yield. And I’m

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