PGIM Short Duration High Yield Opportunities Fund (SDHY) To Go Ex-Dividend on March 13th

PGIM Short Duration High Yield Opportunities Fund (NYSE:SDHY) announced a monthly dividend on Friday, February 28th, NASDAQ Dividends reports. Shareholders of record on Thursday, March 13th will be given a dividend of 0.108 per share on Monday, March 31st. This represents a $1.30 dividend on an annualized basis and a 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% annually over the last three years.

PGIM Short Duration High Yield Opportunities Fund Stock Down 0.8 %

SDHY stock opened at $16.34 on Tuesday. The company has a fifty day moving average price of $16.49 and a 200-day moving average price of $16.46. PGIM Short Duration High Yield Opportunities Fund has a 52-week low of $14.91 and a 52-week high of $16.97.

Insider Buying and Selling

In related news, Portfolio Manager Robert Cignarella purchased 17,000 shares of the firm’s stock in a transaction dated Tuesday, December 31st. The stock was bought at an average price of $16.20 per share, with a total value of $275,400.00. Following the completion of the purchase, the portfolio manager now owns 35,000 shares in the company, valued at approximately $567,000. This represents a 94.44 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link.