Prudential Global Short (NYSE:GHY) announced a monthly dividend on Thursday, March 1st, Wall Street Journal reports. Investors of record on Friday, March 16th will be given a dividend of 0.0825 per share on Thursday, March 29th. This represents a $0.99 annualized dividend and a dividend yield of 7.11%. The ex-dividend date is Thursday, March 15th.
Prudential Global Short has decreased its dividend by an average of 9.0% per year over the last three years.
Shares of NYSE GHY traded down $0.02 during mid-day trading on Thursday, hitting $13.93. 158,741 shares of the stock traded hands, compared to its average volume of 218,885. Prudential Global Short has a 52 week low of $13.79 and a 52 week high of $15.31.
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Prudential Global Short Company Profile
Prudential Global Short Duration High Yield Fund, Inc (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is to provide a high level of current income by investing primarily in higher-rated, below-investment-grade fixed income instruments of issuers located across the world, including emerging markets.
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