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

PGIM Global High Yield Fund, Inc (NYSE:GHY) declared a monthly dividend on Friday, November 29th,NASDAQ Dividends reports. Stockholders 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 dividend yield of 9.99%. The ex-dividend date is Thursday, December 26th.

PGIM Global High Yield Fund Stock Up 0.5 %

Shares of PGIM Global High Yield Fund stock opened at $12.61 on Tuesday. The company has a 50-day moving average of $12.69 and a two-hundred day moving average of $12.50. PGIM Global High Yield Fund has a 12-month low of $11.05 and a 12-month high of $13.11.

Insider Buying and Selling

In other PGIM Global High Yield Fund news, Director Barry H. Evans sold 41,885 shares of PGIM Global High Yield Fund stock in a transaction dated Monday, December 9th. The shares were sold at an average price of $12.99, for a total transaction of $544,086.15. Following the completion of the transaction, the director now owns 42,053 shares in the company, valued at approximately $546,268.47. The trade was a 49.90 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

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.