PGIM High Yield Bond Fund, Inc. (NYSE:ISD – Get Free Report) announced a dividend on Thursday, March 13th, investing.com reports. Stockholders of record on Friday, March 14th will be paid a dividend of 0.105 per share on Monday, March 31st. This represents a dividend yield of 9.08%. The ex-dividend date is Thursday, March 13th.
PGIM High Yield Bond Fund has increased its dividend payment by an average of 5.1% per year over the last three years.
PGIM High Yield Bond Fund Price Performance
Shares of NYSE ISD opened at $13.90 on Friday. PGIM High Yield Bond Fund has a fifty-two week low of $12.20 and a fifty-two week high of $14.49. The stock’s 50-day simple moving average is $13.99 and its 200-day simple moving average is $13.93.
About PGIM High Yield Bond Fund
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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