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

PGIM Global High Yield Fund, Inc (NYSE:GHY) announced a monthly dividend on Friday, November 29th,NASDAQ Dividends reports. Stockholders 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 annualized dividend and a dividend yield of 10.00%. The ex-dividend date of this dividend is Thursday, December 26th.

PGIM Global High Yield Fund Price Performance

Shares of GHY opened at $12.60 on Tuesday. PGIM Global High Yield Fund has a 1-year low of $11.05 and a 1-year high of $13.11. The business’s 50-day moving average price is $12.69 and its 200 day moving average price is $12.50.

Insider Transactions at PGIM Global High Yield Fund

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

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.