PGIM Short Duration High Yield Opportunities Fund Declares Dividend of $0.11 (NYSE:SDHY)

PGIM Short Duration High Yield Opportunities Fund (NYSE:SDHY) declared a dividend on Thursday, March 13th, investing.com reports. Stockholders of record on Friday, March 14th will be paid a dividend of 0.108 per share on Monday, March 31st. This represents a dividend yield of 7.96%. The ex-dividend date of this dividend is Thursday, March 13th.

PGIM Short Duration High Yield Opportunities Fund has decreased its dividend payment by an average of 2.0% per year over the last three years.

PGIM Short Duration High Yield Opportunities Fund Stock Performance

SDHY opened at $16.27 on Friday. PGIM Short Duration High Yield Opportunities Fund has a 12 month low of $14.91 and a 12 month high of $16.97. The company has a fifty day simple moving average of $16.50 and a 200 day simple moving average of $16.47.

Insiders Place Their Bets

In other PGIM Short Duration High Yield Opportunities Fund news, Portfolio Manager Robert Cignarella bought 17,000 shares of the stock in a transaction that occurred on Tuesday, December 31st. The stock was acquired at an average cost of $16.20 per share, with a total value of $275,400.00. Following the purchase, the portfolio manager now owns 35,000 shares in the company, valued at $567,000. This trade represents a 94.44 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.