PGIM Short Duration High Yield Opportunities Fund (SDHY) to Issue Dividend of $0.11 on March 31st

PGIM Short Duration High Yield Opportunities Fund (NYSE:SDHY) declared a dividend on Tuesday, March 11th, investing.com reports. Shareholders of record on Friday, March 14th will be given a dividend of 0.108 per share on Monday, March 31st. This represents a dividend yield of 7.93%. The ex-dividend date of this dividend is Thursday, March 13th.

PGIM Short Duration High Yield Opportunities Fund has decreased its dividend by an average of 2.0% per year over the last three years.

PGIM Short Duration High Yield Opportunities Fund Stock Performance

PGIM Short Duration High Yield Opportunities Fund stock traded up $0.04 during mid-day trading on Tuesday, reaching $16.35. The company had a trading volume of 77,863 shares, compared to its average volume of 66,649. The business has a fifty day simple moving average of $16.49 and a 200 day simple moving average of $16.47. PGIM Short Duration High Yield Opportunities Fund has a fifty-two week low of $14.91 and a fifty-two week high of $16.97.

Insider Buying and Selling

In other PGIM Short Duration High Yield Opportunities Fund news, Portfolio Manager Robert Cignarella bought 17,000 shares of the business’s stock in a transaction on Tuesday, December 31st. The stock was purchased at an average price of $16.20 per share, for a total transaction of $275,400.00. Following the completion of the transaction, the portfolio manager now directly owns 35,000 shares of the company’s stock, valued at $567,000. This trade represents a 94.44 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink.