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

PGIM Global High Yield Fund, Inc (NYSE:GHY) announced a monthly dividend on Tuesday, March 4th, Wall Street Journal reports. Investors of record on Thursday, May 15th will be given a dividend of 0.105 per share on Friday, May 30th. This represents a $1.26 annualized dividend and a dividend yield of 9.41%. The ex-dividend date of this dividend is Thursday, May 15th.

PGIM Global High Yield Fund Trading Up 0.3 %

NYSE:GHY opened at $13.39 on Tuesday. PGIM Global High Yield Fund has a 12-month low of $11.11 and a 12-month high of $13.54. The stock has a 50-day moving average price of $12.96 and a 200 day moving average price of $12.77.

Insider Buying and Selling at PGIM Global High Yield Fund

In other PGIM Global High Yield Fund news, Director Barry H. Evans sold 41,885 shares of the firm’s stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $12.99, for a total transaction of $544,086.15. Following the completion of the transaction, the director now owns 42,053 shares in the company, valued at $546,268.47. This trade represents a 49.90 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link.

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.