PGIM Global High Yield Fund, Inc (GHY) to Issue Monthly Dividend of $0.11 on May 31st

PGIM Global High Yield Fund, Inc (NYSE:GHY) announced a monthly dividend on Tuesday, March 5th, Wall Street Journal reports. Stockholders of record on Friday, May 10th will be paid a dividend of 0.105 per share on Friday, May 31st. This represents a $1.26 annualized dividend and a dividend yield of 10.72%. The ex-dividend date of this dividend is Thursday, May 9th.

PGIM Global High Yield Fund Trading Up 0.5 %

Shares of NYSE:GHY opened at $11.75 on Tuesday. PGIM Global High Yield Fund has a 12 month low of $10.24 and a 12 month high of $12.01. The company’s fifty day moving average price is $11.62 and its 200 day moving average price is $11.36.

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.