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

PGIM Global High Yield Fund, Inc (NYSE:GHY) announced a monthly dividend on Friday, November 29th,NASDAQ Dividends reports. Investors of record on Thursday, December 26th will be given a dividend of 0.105 per share on Thursday, January 9th. This represents a $1.26 dividend on an annualized basis and a yield of 9.99%. The ex-dividend date is Thursday, December 26th.

PGIM Global High Yield Fund Trading Up 0.5 %

Shares of NYSE:GHY opened at $12.61 on Tuesday. PGIM Global High Yield Fund has a one year low of $11.05 and a one year high of $13.11. The business’s fifty day moving average price is $12.69 and its two-hundred day moving average price is $12.50.

Insider Activity at PGIM Global High Yield Fund

In other news, Director Barry H. Evans sold 41,885 shares of PGIM Global High Yield Fund stock in a transaction dated Monday, December 9th. The shares were sold at an average price of $12.99, for a total transaction of $544,086.15. Following the completion of the sale, the director now directly owns 42,053 shares in the company, valued at $546,268.47. The trade was a 49.90 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

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.