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

PGIM Global High Yield Fund, Inc (NYSE:GHY) declared a monthly dividend on Tuesday, March 4th, Wall Street Journal reports. Stockholders of record on Thursday, May 15th will be given a dividend of 0.105 per share on Friday, May 30th. This represents a $1.26 annualized dividend and a dividend yield of 9.41%. The ex-dividend date of this dividend is Thursday, May 15th.

PGIM Global High Yield Fund Stock Up 0.3 %

NYSE GHY opened at $13.39 on Tuesday. The stock’s 50-day moving average price is $12.96 and its 200-day moving average price is $12.77. PGIM Global High Yield Fund has a 52 week low of $11.11 and a 52 week high of $13.54.

Insider Transactions at PGIM Global High Yield Fund

In related news, Director Barry H. Evans sold 41,885 shares of the stock in a transaction dated Monday, December 9th. The stock was 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 owns 42,053 shares in the company, valued at approximately $546,268.47. This trade represents a 49.90 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through 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.