PGIM Global High Yield Fund, Inc (GHY) To Go Ex-Dividend on February 15th

PGIM Global High Yield Fund, Inc (NYSE:GHYGet Free Report) declared a monthly dividend on Thursday, November 30th, Wall Street Journal reports. Investors of record on Friday, February 16th will be given a dividend of 0.105 per share on Thursday, February 29th. This represents a $1.26 dividend on an annualized basis and a dividend yield of 10.84%. The ex-dividend date is Thursday, February 15th.

PGIM Global High Yield Fund Stock Performance

Shares of GHY opened at $11.63 on Tuesday. PGIM Global High Yield Fund has a twelve month low of $10.24 and a twelve month high of $11.85. The firm’s fifty day simple moving average is $11.46 and its 200-day simple moving average is $11.11.

Insider Buying and Selling

In other PGIM Global High Yield Fund news, Director Barry H. Evans acquired 7,926 shares of the company’s stock in a transaction on Tuesday, November 21st. The shares were bought at an average cost of $10.98 per share, for a total transaction of $87,027.48. Following the completion of the purchase, the director now owns 87,685 shares in the company, valued at approximately $962,781.30. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Institutional Trading of PGIM Global High Yield Fund

Several hedge funds and other institutional investors have recently made changes to their positions in GHY. Morgan Stanley boosted its holdings in PGIM Global High Yield Fund by 5.8% during the fourth quarter. Morgan Stanley now owns 6,006,003 shares of the company’s stock worth $65,105,000 after buying an additional 326,743 shares in the last quarter. Logan Stone Capital LLC purchased a new stake in PGIM Global High Yield Fund during the fourth quarter worth about $2,472,000. Royal Bank of Canada boosted its holdings in PGIM Global High Yield Fund by 52.6% during the second quarter. Royal Bank of Canada now owns 571,711 shares of the company’s stock worth $6,272,000 after buying an additional 197,103 shares in the last quarter. LPL Financial LLC boosted its holdings in PGIM Global High Yield Fund by 105.3% during the third quarter. LPL Financial LLC now owns 244,991 shares of the company’s stock worth $2,641,000 after buying an additional 125,629 shares in the last quarter. Finally, RFG Advisory LLC boosted its holdings in PGIM Global High Yield Fund by 108.9% during the fourth quarter. RFG Advisory LLC now owns 186,442 shares of the company’s stock worth $2,234,000 after buying an additional 97,177 shares in the last quarter.

PGIM Global High Yield Fund Company Profile

(Get Free Report)

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.

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Dividend History for PGIM Global High Yield Fund (NYSE:GHY)

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