PGIM High Yield Bond Fund, Inc. (NYSE:ISD – Get Free Report) declared a monthly dividend on Monday, June 3rd, Wall Street Journal reports. Shareholders of record on Thursday, July 11th will be paid a dividend of 0.105 per share on Wednesday, July 31st. This represents a $1.26 annualized dividend and a dividend yield of 9.64%. The ex-dividend date of this dividend is Thursday, July 11th.
PGIM High Yield Bond Fund has raised its dividend by an average of 0.6% per year over the last three years.
PGIM High Yield Bond Fund Price Performance
NYSE:ISD opened at $13.07 on Tuesday. PGIM High Yield Bond Fund has a 1-year low of $10.98 and a 1-year high of $13.16. The business’s fifty day moving average price is $12.73 and its 200 day moving average price is $12.70.
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).
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