PGIM Global High Yield Fund, Inc (GHY) To Go Ex-Dividend on December 26th

PGIM Global High Yield Fund, Inc (NYSE:GHY) declared a monthly dividend on Friday, November 29th,investing.com reports. Shareholders of record on Thursday, December 26th will be given 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 Stock Up 0.5 %

PGIM Global High Yield Fund stock opened at $12.61 on Tuesday. The firm’s 50 day simple moving average is $12.69 and its 200 day simple moving average is $12.50. PGIM Global High Yield Fund has a 1-year low of $11.05 and a 1-year high of $13.11.

Insider Activity

In other PGIM Global High Yield Fund news, Director Barry H. Evans sold 41,885 shares of the company’s stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $12.99, for a total value of $544,086.15. Following the completion of the sale, the director now owns 42,053 shares of the company’s stock, valued at $546,268.47. This represents a 49.90 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

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.