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

PGIM Global High Yield Fund, Inc (NYSE:GHY) declared a monthly dividend on Friday, November 29th,investing.com reports. Stockholders of record on Thursday, December 26th will be paid a dividend of 0.105 per share on Thursday, January 9th. This represents a $1.26 dividend on an annualized basis and a dividend yield of 9.99%. The ex-dividend date is Thursday, December 26th.

PGIM Global High Yield Fund Trading Up 0.5 %

NYSE:GHY opened at $12.61 on Tuesday. PGIM Global High Yield Fund has a twelve month low of $11.05 and a twelve month high of $13.11. The company has a fifty day moving average of $12.69 and a 200-day moving average of $12.50.

Insider Buying and Selling

In other PGIM Global High Yield Fund news, Director Barry H. Evans sold 41,885 shares of the business’s stock in a transaction on Monday, December 9th. The shares were sold at an average price of $12.99, for a total transaction of $544,086.15. Following the completion of the sale, the director now owns 42,053 shares in the company, valued at approximately $546,268.47. The trade was a 49.90 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

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.