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

PGIM Global High Yield Fund, Inc (NYSE:GHY) announced a monthly dividend on Friday, February 28th, NASDAQ Dividends reports. Shareholders of record on Thursday, March 13th will be paid a dividend of 0.105 per share on Monday, March 31st. This represents a $1.26 annualized dividend and a yield of 9.63%. The ex-dividend date is Thursday, March 13th.

PGIM Global High Yield Fund Stock Down 0.6 %

NYSE:GHY opened at $13.09 on Tuesday. The business has a 50 day simple moving average of $13.04 and a 200-day simple moving average of $12.80. PGIM Global High Yield Fund has a 1 year low of $11.11 and a 1 year high of $13.54.

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.