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

PGIM Global High Yield Fund, Inc (NYSE:GHY) announced a monthly dividend on Friday, November 29th,investing.com reports. Investors of record on Thursday, December 26th will be paid 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 Price Performance

Shares of PGIM Global High Yield Fund stock opened at $12.61 on Tuesday. PGIM Global High Yield Fund has a 12-month low of $11.05 and a 12-month high of $13.11. The company’s fifty day simple moving average is $12.69 and its two-hundred day simple moving average is $12.50.

Insider Activity at PGIM Global High Yield Fund

In related news, Director Barry H. Evans sold 41,885 shares of PGIM Global High Yield Fund stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $12.99, for a total transaction of $544,086.15. Following 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 transaction was disclosed in a document filed with the SEC, which is available 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.