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 Tuesday, June 4th, Wall Street Journal reports. Stockholders of record on Thursday, August 8th will be paid a dividend of 0.105 per share on Friday, August 30th. This represents a $1.26 dividend on an annualized basis and a dividend yield of 10.14%. The ex-dividend date is Thursday, August 8th.

PGIM Global High Yield Fund Price Performance

GHY stock opened at $12.43 on Wednesday. PGIM Global High Yield Fund has a 12-month low of $10.24 and a 12-month high of $12.50. The stock’s 50 day simple moving average is $12.08 and its 200 day simple moving average is $11.77.

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.