PGIM Global High Yield Fund, Inc (GHY) to Issue Monthly Dividend of $0.11 on January 9th

PGIM Global High Yield Fund, Inc (NYSE:GHY) declared a monthly dividend on Friday, November 29th,investing.com reports. Investors of record on Thursday, December 26th will be paid a dividend of 0.105 per share on Thursday, January 9th. This represents a $1.26 dividend on an annualized basis and a yield of 9.99%. The ex-dividend date is Thursday, December 26th.

PGIM Global High Yield Fund Price Performance

PGIM Global High Yield Fund stock opened at $12.61 on Tuesday. PGIM Global High Yield Fund has a 52 week low of $11.05 and a 52 week high of $13.11. The stock has a fifty day moving average of $12.69 and a 200-day moving average of $12.50.

Insiders Place Their Bets

In other PGIM Global High Yield Fund news, Director Barry H. Evans sold 41,885 shares of PGIM Global High Yield Fund stock in a transaction dated Monday, December 9th. The stock was sold at an average price of $12.99, for a total transaction of $544,086.15. Following the transaction, the director now directly owns 42,053 shares of the company’s stock, valued at approximately $546,268.47. The trade was a 49.90 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

PGIM Global High Yield Fund Company Profile

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.