PGIM Global High Yield Fund, Inc (GHY) To Go Ex-Dividend on October 10th

PGIM Global High Yield Fund, Inc (NYSE:GHY) declared a monthly dividend on Tuesday, September 3rd, Wall Street Journal reports. Shareholders of record on Thursday, October 10th will be given a dividend of 0.105 per share on Thursday, October 31st. This represents a $1.26 dividend on an annualized basis and a yield of 9.82%. The ex-dividend date is Thursday, October 10th.

PGIM Global High Yield Fund Price Performance

Shares of PGIM Global High Yield Fund stock opened at $12.83 on Tuesday. The firm has a fifty day moving average price of $12.57 and a 200 day moving average price of $12.09. PGIM Global High Yield Fund has a 1 year low of $10.24 and a 1 year high of $12.94.

Insider Buying and Selling

In related news, Director Barry H. Evans sold 3,747 shares of the firm’s stock in a transaction on Thursday, August 15th. The shares were sold at an average price of $12.47, for a total transaction of $46,725.09. Following the sale, the director now owns 83,938 shares in the company, valued at approximately $1,046,706.86. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

About PGIM Global High Yield Fund

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.