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

PGIM Global High Yield Fund, Inc (NYSE:GHY) announced a monthly dividend on Wednesday, September 4th,Wall Street Journal reports. Stockholders of record on Thursday, November 14th will be paid a dividend of 0.105 per share on Friday, November 29th. This represents a $1.26 dividend on an annualized basis and a dividend yield of 9.78%. The ex-dividend date is Thursday, November 14th.

PGIM Global High Yield Fund Trading Down 0.6 %

GHY opened at $12.89 on Tuesday. PGIM Global High Yield Fund has a one year low of $10.59 and a one year high of $13.11. The business’s 50 day moving average price is $12.67 and its 200 day moving average price is $12.29.

Insider Transactions at PGIM Global High Yield Fund

In other PGIM Global High Yield Fund news, Director Barry H. Evans sold 3,747 shares of the company’s stock in a transaction dated 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 owns 83,938 shares of the company’s stock, valued at $1,046,706.86. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.

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.