PGIM High Yield Bond Fund, Inc. (NYSE:ISD) to Issue $0.11 Monthly Dividend

PGIM High Yield Bond Fund, Inc. (NYSE:ISDGet Free Report) declared a monthly dividend on Friday, August 30th, NASDAQ reports. Stockholders 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 dividend on an annualized basis and a dividend yield of 8.93%. The ex-dividend date of this dividend is Thursday, October 10th.

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

PGIM High Yield Bond Fund Price Performance

Shares of ISD opened at $14.11 on Wednesday. PGIM High Yield Bond Fund has a one year low of $10.98 and a one year high of $14.16. The stock’s fifty day moving average is $13.76 and its 200-day moving average is $13.14.

About PGIM High Yield Bond Fund

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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).

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Dividend History for PGIM High Yield Bond Fund (NYSE:ISD)

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