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

PGIM Global High Yield Fund, Inc (NYSE:GHY) declared a monthly dividend on Friday, August 30th, NASDAQ reports. Investors of record on Thursday, October 10th will be paid a dividend of 0.105 per share on Thursday, October 31st. This represents a $1.26 annualized dividend and a yield of 9.83%. The ex-dividend date of this dividend is Thursday, October 10th.

PGIM Global High Yield Fund Stock Performance

NYSE GHY opened at $12.82 on Wednesday. The company has a 50-day simple moving average of $12.58 and a two-hundred day simple moving average of $12.10. PGIM Global High Yield Fund has a 12-month low of $10.24 and a 12-month high of $12.94.

Insider Transactions at PGIM Global High Yield Fund

In other news, Director Barry H. Evans sold 3,747 shares of the stock in a transaction dated Thursday, August 15th. The shares were sold at an average price of $12.47, for a total transaction of $46,725.09. Following the completion of the sale, the director now directly owns 83,938 shares in the company, valued at approximately $1,046,706.86. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

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.