PGIM High Yield Bond Fund, Inc. Announces Monthly Dividend of $0.11 (NYSE:ISD)

PGIM High Yield Bond Fund, Inc. (NYSE:ISD) announced a monthly dividend on Friday, August 30th, NASDAQ reports. Stockholders of record on Thursday, September 12th will be paid a dividend of 0.105 per share on Monday, September 30th. This represents a $1.26 annualized dividend and a dividend yield of 9.05%. The ex-dividend date is Thursday, September 12th.

PGIM High Yield Bond Fund has increased its dividend by an average of 0.6% annually over the last three years.

PGIM High Yield Bond Fund Stock Performance

Shares of PGIM High Yield Bond Fund stock opened at $13.92 on Tuesday. The business has a 50-day moving average of $13.47 and a 200-day moving average of $12.99. PGIM High Yield Bond Fund has a 1-year low of $10.98 and a 1-year high of $13.95.

About PGIM High Yield Bond Fund

PGIM High Yield Bond Fund, Inc is a close ended fixed income mutual fund launched and managed by Prudential Investments LLC. The fund is co-managed by Prudential Investment Management, Inc It invests in the fixed income markets of the United States. The fund primarily invests in a diversified portfolio of high yield fixed income instruments that are rated below investment grade (Ba1 or lower by Moody's Investors Service, Inc or BB+ or lower by Standard & Poor's Ratings Services).