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

PGIM Global High Yield Fund, Inc (NYSE:GHY) declared a dividend on Wednesday, September 11th, investing.com reports. Investors of record on Friday, September 13th will be paid a dividend of 0.105 per share on Monday, September 30th. This represents a yield of 10.04%. The ex-dividend date of this dividend is Thursday, September 12th.

PGIM Global High Yield Fund Trading Up 0.2 %

GHY traded up $0.03 during trading on Wednesday, reaching $12.49. 82,773 shares of the company’s stock were exchanged, compared to its average volume of 166,034. PGIM Global High Yield Fund has a one year low of $10.24 and a one year high of $12.68. The firm has a fifty day moving average price of $12.39 and a two-hundred day moving average price of $11.95.

Insider Buying and Selling

In related news, Director Barry H. Evans sold 3,747 shares of the firm’s stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $12.47, for a total transaction of $46,725.09. Following the completion of the transaction, the director now directly owns 83,938 shares of the company’s stock, valued at approximately $1,046,706.86. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

About PGIM Global High Yield Fund

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.