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

PGIM Global High Yield Fund, Inc (NYSE:GHY) declared a monthly dividend on Friday, February 28th, investing.com reports. Shareholders of record on Thursday, April 10th will be paid a dividend of 0.105 per share on Wednesday, April 30th. This represents a $1.26 dividend on an annualized basis and a yield of 11.03%. The ex-dividend date is Thursday, April 10th.

PGIM Global High Yield Fund Trading Down 6.1 %

Shares of GHY opened at $11.42 on Tuesday. PGIM Global High Yield Fund has a 12-month low of $11.12 and a 12-month high of $13.66. The stock has a 50-day moving average price of $13.18 and a 200-day moving average price of $12.88.

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.