PGIM Global High Yield Fund, Inc (NYSE:GHY – Get Free Report) announced a monthly dividend on Friday, August 30th, NASDAQ reports. Investors of record on Thursday, September 12th will be paid a dividend of 0.105 per share on Monday, September 30th. This represents a $1.26 annualized dividend and a yield of 10.04%. The ex-dividend date is Thursday, September 12th.
PGIM Global High Yield Fund Price Performance
NYSE GHY opened at $12.55 on Tuesday. The company has a 50 day simple moving average of $12.39 and a 200-day simple moving average of $11.95. PGIM Global High Yield Fund has a 52-week low of $10.24 and a 52-week high of $12.68.
Insider Buying and Selling at PGIM Global High Yield Fund
In other news, Director Barry H. Evans sold 3,747 shares of the company’s stock in a transaction on Thursday, August 15th. The shares were sold at an average price of $12.47, for a total value of $46,725.09. Following the transaction, the director now directly owns 83,938 shares of the company’s stock, valued at $1,046,706.86. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
PGIM Global High Yield Fund Company Profile
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.
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