PGIM Global High Yield Fund, Inc Plans Monthly Dividend of $0.11 (NYSE:GHY)

PGIM Global High Yield Fund, Inc (NYSE:GHY) announced a monthly dividend on Friday, August 30th, NASDAQ reports. Shareholders of record on Thursday, September 12th will be paid a dividend of 0.105 per share on Monday, September 30th. This represents a $1.26 annualized dividend and a yield of 10.04%. The ex-dividend date is Thursday, September 12th.

PGIM Global High Yield Fund Stock Down 0.1 %

Shares of PGIM Global High Yield Fund stock opened at $12.55 on Tuesday. PGIM Global High Yield Fund has a 12 month low of $10.24 and a 12 month high of $12.68. The business has a fifty day simple moving average of $12.39 and a 200-day simple moving average of $11.95.

Insider Buying and Selling

In other PGIM Global High Yield Fund news, Director Barry H. Evans sold 3,747 shares of PGIM Global High Yield Fund stock in a transaction dated Thursday, August 15th. The stock was sold at an average price of $12.47, for a total transaction of $46,725.09. Following the transaction, the director now owns 83,938 shares of the company’s stock, valued at approximately $1,046,706.86. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

About PGIM Global High Yield Fund

PGIM Global Short Duration High Yield Fund, Inc is a closed ended fixed income mutual fund launched and managed by PGIM Investments LLC. The fund is co-managed by PGIM Fixed Income. It invests in fixed income markets across the globe. The fund primarily invests in high yield fixed income instruments of varying maturities that are rated Ba1 or lower by Moody’s Investors Service, Inc or BB+ or lower by Standard & Poor’s Ratings Services.