PGIM Short Duration High Yield Opportunities Fund (NYSE:SDHY) Declares $0.11 Monthly Dividend

PGIM Short Duration High Yield Opportunities Fund (NYSE:SDHY) announced a monthly dividend on Monday, March 3rd, Wall Street Journal reports. Shareholders of record on Thursday, May 15th will be given a dividend of 0.108 per share on Friday, May 30th. This represents a $1.30 annualized dividend and a yield of 7.76%. The ex-dividend date of this dividend is Thursday, May 15th.

PGIM Short Duration High Yield Opportunities Fund has decreased its dividend payment by an average of 2.0% per year over the last three years.

PGIM Short Duration High Yield Opportunities Fund Stock Down 0.2 %

Shares of PGIM Short Duration High Yield Opportunities Fund stock opened at $16.69 on Wednesday. PGIM Short Duration High Yield Opportunities Fund has a 12-month low of $14.91 and a 12-month high of $16.97. The stock has a 50 day moving average price of $16.46 and a two-hundred day moving average price of $16.44.

Insider Buying and Selling at PGIM Short Duration High Yield Opportunities Fund

In other PGIM Short Duration High Yield Opportunities Fund news, Portfolio Manager Robert Cignarella acquired 17,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 31st. The stock was acquired at an average cost of $16.20 per share, for a total transaction of $275,400.00. Following the transaction, the portfolio manager now owns 35,000 shares of the company’s stock, valued at $567,000. This trade represents a 94.44 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.