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

PGIM Global High Yield Fund, Inc (NYSE:GHY) declared a monthly dividend on Wednesday, September 1st, Wall Street Journal reports. Shareholders of record on Friday, September 17th will be given a dividend of 0.105 per share on Thursday, September 30th. This represents a $1.26 dividend on an annualized basis and a yield of 7.92%. The ex-dividend date is Thursday, September 16th.

Shares of NYSE:GHY opened at $15.91 on Wednesday. The company has a 50 day moving average of $15.73 and a 200-day moving average of $15.41. PGIM Global High Yield Fund has a twelve month low of $12.69 and a twelve month high of $16.10.

An institutional investor recently raised its position in PGIM Global High Yield Fund stock. Morgan Stanley grew its holdings in PGIM Global High Yield Fund, Inc (NYSE:GHY) by 9.8% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 844,107 shares of the company’s stock after acquiring an additional 75,371 shares during the period. Morgan Stanley’s holdings in PGIM Global High Yield Fund were worth $13,455,000 as of its most recent SEC filing.

PGIM Global High Yield Fund Company Profile

PGIM Global High Yield Fund, Inc is a mutual fund-closed end investment company. Its portfolio invests in industries such as technology, telecom, cable, capital goods, media, healthcare, food, gaming, metals, and automotive. The company was founded on July 23, 2012 and is headquartered in Newark, NJ.

See Also: Cash Flow

Dividend History for PGIM Global High Yield Fund (NYSE:GHY)

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