DHF (BNY Mellon High Yield Strategies Fund) Forward Dividend Yield %: 8.78% (As of Jun. 25, 2026)


DHF BNY Mellon High Yield Strategies Fund DHF
41 GF Score
Price $2.39
GF Value $1.33
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is BNY Mellon High Yield Strategies Fund Forward Dividend Yield %?

BNY Mellon High Yield Strategies Fund DHF -0.42% 41 Forward Dividend Yield % is 8.78% as of Jun. 25, 2026. GuruFocus rates DHF with a GF Score™ of 41/100 and a GF Value™ of $1.33 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,107 Asset Management companies, BNY Mellon High Yield Strategies Fund ranks better than 72.81% on this metric.

As of today (2026-06-25), the Forward Annual Dividend Yield of BNY Mellon High Yield Strategies Fund is 8.78%.

As of today (2026-06-25), the Trailing Annual Dividend Yield of BNY Mellon High Yield Strategies Fund is 8.78%.

DHF's Forward Dividend Yield % is ranked better than
72.81% of 1107 companies
in the Asset Management industry
Industry Median: 6.19 vs DHF: 8.78

BNY Mellon High Yield Strategies Fund's Dividends per Share for the six months ended in Mar. 2026 was $0.11.

During the past 3 years, the average Dividends Per Share Growth Rate was 0.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -3.70% per year.

During the past 9 years, the highest 3-Year average Dividends Per Share Growth Rate of BNY Mellon High Yield Strategies Fund was 0.30% per year. The lowest was -10.50% per year. And the median was -5.25% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

BNY Mellon High Yield Strategies Fund  (NYSE:DHF) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.

BNY Mellon High Yield Strategies Fund Forward Dividend Yield % Related Terms

DHF vs FLC, GGT, EHI: Forward Dividend Yield % Comparison

For the Asset Management subindustry, BNY Mellon High Yield Strategies Fund's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

BNY Mellon High Yield Strategies Fund Forward Dividend Yield % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, BNY Mellon High Yield Strategies Fund's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where BNY Mellon High Yield Strategies Fund's Forward Dividend Yield % falls into.


DHF
41GF Score
BNY Mellon High Yield Strategies Fund DHF
Forward Dividend Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BNY Mellon High Yield Strategies Fund Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

BNY Mellon High Yield Strategies Fund Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0175002026-06-052026-06-052026-06-22Cash DividendmonthlyUSD:USD 1.000000
USD 0.0175002026-05-072026-05-072026-05-21Cash DividendmonthlyUSD:USD 1.000000
USD 0.0175002026-04-082026-04-082026-04-22Cash DividendmonthlyUSD:USD 1.000000
USD 0.0175002026-03-102026-03-102026-04-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0175002026-02-052026-02-052026-02-20Cash DividendmonthlyUSD:USD 1.000000
USD 0.0175002025-12-232025-12-232026-01-09Cash DividendmonthlyUSD:USD 1.000000
USD 0.0175002025-12-052025-12-052025-12-19Cash DividendmonthlyUSD:USD 1.000000
USD 0.0175002025-11-062025-11-062025-11-21Cash DividendmonthlyUSD:USD 1.000000
USD 0.0175002025-10-082025-10-082025-10-23Cash DividendmonthlyUSD:USD 1.000000
USD 0.0175002025-09-102025-09-102025-09-24Cash DividendmonthlyUSD:USD 1.000000
USD 0.0175002025-08-062025-08-062025-08-20Cash DividendmonthlyUSD:USD 1.000000
USD 0.0175002025-07-102025-07-102025-07-24Cash DividendmonthlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

BNY Mellon High Yield Strategies Fund's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.21/2.39
=8.79 %

Current Share Price is $2.39.
BNY Mellon High Yield Strategies Fund's Dividends per Share for the forward twelve months is calculated as $0.0175 * 12 = $0.21.

BNY Mellon High Yield Strategies Fund's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.21/2.39
=8.79 %

Current Share Price is $2.39.
BNY Mellon High Yield Strategies Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.21.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Forward Dividend Yield % of 8.78% mean?
BNY Mellon High Yield Strategies Fund (DHF) has a Forward Dividend Yield % of 8.78% as of Jun. 25, 2026. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on BNY Mellon High Yield Strategies Fund and its competitors. According to the industry distribution chart, BNY Mellon High Yield Strategies Fund ranks #301 out of 1107 companies in the Asset Management industry, placing it in the top 27.2%.
Is BNY Mellon High Yield Strategies Fund's Forward Dividend Yield % too high?
BNY Mellon High Yield Strategies Fund's current Forward Dividend Yield % is 8.78%. The Asset Management industry median Forward Dividend Yield % is 6.19. BNY Mellon High Yield Strategies Fund's value of 8.78% is 41.8% above this industry median. Based on the distribution chart, BNY Mellon High Yield Strategies Fund ranks #301 out of 1107 companies in the Asset Management industry, which is above the industry midpoint. Overall, BNY Mellon High Yield Strategies Fund has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BNY Mellon High Yield Strategies Fund's Forward Dividend Yield % compare to FLC and GGT?
According to the Asset Management industry distribution chart, BNY Mellon High Yield Strategies Fund ranks #301 out of 1107 companies for Forward Dividend Yield %. This puts BNY Mellon High Yield Strategies Fund in the upper half of its industry. The industry median Forward Dividend Yield % is 6.19. BNY Mellon High Yield Strategies Fund's value of 8.78% is 41.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward Dividend Yield % for an Asset Management company?
The median Forward Dividend Yield % among Asset Management companies is 6.19, based on 1,107 companies in the industry. Companies in the top quartile (top 25%) have a Forward Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Forward Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BNY Mellon High Yield Strategies Fund's current Forward Dividend Yield % of 8.78% is 41.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward Dividend Yield % mean?
A high Forward Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on BNY Mellon High Yield Strategies Fund and its competitors. For the Asset Management industry, the median Forward Dividend Yield % is 6.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BNY Mellon High Yield Strategies Fund's current Forward Dividend Yield % is 8.78%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BNY Mellon High Yield Strategies Fund stock overvalued right now?
Based on GuruFocus' analysis, BNY Mellon High Yield Strategies Fund (DHF) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.33, compared to a current price of $2.39 — trading 79.7% above its estimated fair value. The current Forward Dividend Yield % is 8.78% and 41.8% above the Asset Management industry median of 6.19. BNY Mellon High Yield Strategies Fund's overall GF Score™ is 41/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward Dividend Yield % calculated?
Forward Dividend Yield % is calculated from a company's financial statements. For BNY Mellon High Yield Strategies Fund (DHF), the current Forward Dividend Yield % is 8.78% as of Jun. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is BNY Mellon High Yield Strategies Fund (DHF) Overvalued in 2026?

Based on GuruFocus' analysis, BNY Mellon High Yield Strategies Fund stock appears to be overvalued. The current stock price of $2.39 is trading 79.7% above its estimated GF Value™ of $1.33. GuruFocus considers BNY Mellon High Yield Strategies Fund to be Significantly Overvalued.

Key valuation signals for DHF:

  • Forward Dividend Yield %: 8.78%
  • GF Value™: $1.33 vs. price of $2.39 (79.7% above fair value)
  • GF Score™: 41/100 with 5 warning signs
  • Industry Position: 41.8% above the Asset Management median (#301 of 1107)

No single metric tells the full story. See the DHF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

BNY Mellon High Yield Strategies Fund Business Description

Address c/o BNY Mellon Investment Adviser, Inc, 240 Greenwich Street, New York, NY, USA, 10286
BNY Mellon High Yield Strategies Fund is a diversified, closed-end management investment company. The fund's primary investment objective is to seek high current income and its secondary objective is capital appreciation. The fund invests predominantly in fixed-income securities of below-investment-grade credit quality.
41GF Score

Get the complete analysis for DHF

Forward Dividend Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.39
Price
$1.33
GF Value