PGIM High Yield Bond Fund, Inc. Declares Dividend of $0.11 (NYSE:ISD)

PGIM High Yield Bond Fund, Inc. (NYSE:ISD) announced a dividend on Friday, December 6th,investing.com reports. Stockholders of record on Friday, December 13th will be paid a dividend of 0.105 per share on Tuesday, December 31st. This represents a dividend yield of 8.89%. The ex-dividend date is Thursday, December 12th.

PGIM High Yield Bond Fund has increased its dividend payment by an average of 0.6% annually over the last three years.

PGIM High Yield Bond Fund Stock Performance

Shares of NYSE:ISD opened at $14.18 on Friday. PGIM High Yield Bond Fund has a 52 week low of $12.10 and a 52 week high of $14.43. The company has a 50-day moving average price of $13.93 and a 200 day moving average price of $13.50.

About PGIM High Yield Bond Fund

PGIM High Yield Bond Fund, Inc is a close ended fixed income mutual fund launched and managed by Prudential Investments LLC. The fund is co-managed by Prudential Investment Management, Inc It invests in the fixed income markets of the United States. The fund primarily invests in a diversified portfolio of high yield fixed income instruments that are rated below investment grade (Ba1 or lower by Moody’s Investors Service, Inc or BB+ or lower by Standard & Poor’s Ratings Services).