DREYFUS HIGH YIELD STRATEGIES FUND (NYSE: DHF) - Dreyfus High Yield Strategies Fund (DHF) Announces Dividend Increase.
On October 28, 2009, the Board of Trustees of DHF declared from net investment income a monthly cash dividend of $0.035 per share of beneficial interest, payable on November 30, 2009 to shareholders of record at the close of business on November 12, 2009. The ex-dividend date is November 9, 2009. The $0.035 per share investment income dividend represents an increase of $0.005 from the previously declared monthly net investment income dividend of $0.03 per share.
The dividend increase is due primarily to income earned on DHF's portfolio securities and an increase in leverage. DHF's accumulated undistributed investment income-net was approximately $6.3 million as of September 30, 2009.*
* The accumulated undistributed investment income-net is determined in accordance with income tax regulations, which differ from U.S. generally accepted accounting principles.
Contacts:
For Press Inquiries:
The Dreyfus Corporation
Patrice M.
Kozlowski, 212-922-6030
or
For Other Inquiries:
MBSC
Securities Corporation
The National Marketing Desk
200 Park
Avenue
New York, New York 10166
1-800-334-6899
