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) announced a dividend on Thursday, March 13th, investing.com reports. Shareholders of record on Friday, March 14th will be paid a dividend of 0.108 per share on Monday, March 31st. This represents a yield of 7.96%. 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 Trading Down 0.1 %

Shares of NYSE:SDHY opened at $16.27 on Friday. The company has a 50 day moving average of $16.50 and a 200-day moving average of $16.47. PGIM Short Duration High Yield Opportunities Fund has a one year low of $14.91 and a one year high of $16.97.

Insiders Place Their Bets

In related news, Portfolio Manager Robert Cignarella purchased 17,000 shares of PGIM Short Duration High Yield Opportunities Fund stock in a transaction dated Tuesday, December 31st. The shares were acquired at an average cost of $16.20 per share, for a total transaction of $275,400.00. Following the transaction, the portfolio manager now directly owns 35,000 shares of the company’s stock, valued at approximately $567,000. This trade represents a 94.44 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link.