PGIM High Yield Bond Fund, Inc. (ISD) To Go Ex-Dividend on October 10th

PGIM High Yield Bond Fund, Inc. (NYSE:ISD) 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 8.94%. The ex-dividend date of this dividend is Thursday, October 10th.

PGIM High Yield Bond Fund has raised its dividend payment by an average of 0.6% annually over the last three years.

PGIM High Yield Bond Fund Trading Down 0.1 %

Shares of NYSE:ISD opened at $14.09 on Tuesday. The company has a 50 day moving average of $13.75 and a 200-day moving average of $13.13. PGIM High Yield Bond Fund has a one year low of $10.98 and a one year high of $14.16.

PGIM High Yield Bond Fund Company Profile

PGIM High Yield Bond Fund, Inc is a close ended fixed income mutual fund launched and managed by Prudential Investments LLC. The fund is co-managed by Prudential Investment Management, Inc It invests in the fixed income markets of the United States. The fund primarily invests in a diversified portfolio of high yield fixed income instruments that are rated below investment grade (Ba1 or lower by Moody's Investors Service, Inc or BB+ or lower by Standard & Poor's Ratings Services).