PGIM Global High Yield Fund, Inc (GHY) To Go Ex-Dividend on May 15th

PGIM Global High Yield Fund, Inc (NYSE:GHY) announced a monthly dividend on Tuesday, March 4th, Wall Street Journal reports. Shareholders of record on Thursday, May 15th will be paid a dividend of 0.105 per share on Friday, May 30th. This represents a $1.26 dividend on an annualized basis and a yield of 9.49%. The ex-dividend date of this dividend is Thursday, May 15th.

PGIM Global High Yield Fund Trading Down 0.6 %

Shares of NYSE GHY opened at $13.28 on Thursday. PGIM Global High Yield Fund has a twelve month low of $11.11 and a twelve month high of $13.54. The stock has a 50 day moving average of $12.99 and a two-hundred day moving average of $12.78.

Insider Transactions at PGIM Global High Yield Fund

In other news, Director Barry H. Evans sold 41,885 shares of the company’s stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $12.99, for a total transaction of $544,086.15. Following the completion of the sale, the director now owns 42,053 shares in the company, valued at $546,268.47. This represents a 49.90 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

PGIM Global High Yield Fund Company Profile

PGIM Global Short Duration High Yield Fund, Inc is a closed ended fixed income mutual fund launched and managed by PGIM Investments LLC. The fund is co-managed by PGIM Fixed Income. It invests in fixed income markets across the globe. The fund primarily invests in high yield fixed income instruments of varying maturities that are rated Ba1 or lower by Moody’s Investors Service, Inc or BB+ or lower by Standard & Poor’s Ratings Services.