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

PGIM Short Duration High Yield Opportunities Fund (NYSE:SDHY) announced a dividend on Wednesday, March 12th, investing.com reports. Stockholders of record on Friday, March 14th will be paid a dividend of 0.108 per share on Monday, March 31st. This represents a dividend yield of 7.9%. The ex-dividend date of this dividend is Thursday, March 13th.

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

PGIM Short Duration High Yield Opportunities Fund Stock Up 0.4 %

NYSE SDHY traded up $0.07 during trading on Wednesday, reaching $16.41. 44,483 shares of the stock traded hands, compared to its average volume of 66,176. The stock’s 50-day moving average price is $16.50 and its 200 day moving average price is $16.47. PGIM Short Duration High Yield Opportunities Fund has a fifty-two week low of $14.91 and a fifty-two week high of $16.97.

Insiders Place Their Bets

In other PGIM Short Duration High Yield Opportunities Fund news, Portfolio Manager Robert Cignarella acquired 17,000 shares of the business’s stock in a transaction dated Tuesday, December 31st. The shares were acquired at an average price of $16.20 per share, for a total transaction of $275,400.00. Following the acquisition, the portfolio manager now directly owns 35,000 shares of the company’s stock, valued at approximately $567,000. This trade represents a 94.44 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.