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

PGIM Short Duration High Yield Opportunities Fund (NYSE:SDHY) announced a monthly dividend on Friday, February 28th, NASDAQ Dividends reports. Stockholders of record on Thursday, March 13th will be given a dividend of 0.108 per share on Monday, March 31st. This represents a $1.30 dividend on an annualized basis and a dividend yield of 7.93%. The ex-dividend date is Thursday, March 13th.

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

PGIM Short Duration High Yield Opportunities Fund Trading Down 0.8 %

NYSE SDHY opened at $16.34 on Tuesday. PGIM Short Duration High Yield Opportunities Fund has a 52 week low of $14.91 and a 52 week high of $16.97. The company has a 50 day moving average price of $16.49 and a 200 day moving average price of $16.46.

Insiders Place Their Bets

In other PGIM Short Duration High Yield Opportunities Fund news, Portfolio Manager Robert Cignarella acquired 17,000 shares of the stock in a transaction dated Tuesday, December 31st. The stock was purchased at an average price of $16.20 per share, with a total value of $275,400.00. Following the transaction, the portfolio manager now directly 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 acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.