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

PGIM Global High Yield Fund, Inc (NYSE:GHY) declared a dividend on Tuesday, March 11th, investing.com reports. Shareholders of record on Friday, March 14th will be given a dividend of 0.105 per share on Monday, March 31st. This represents a yield of 9.55%. The ex-dividend date of this dividend is Thursday, March 13th.

PGIM Global High Yield Fund Trading Up 0.7 %

GHY stock traded up $0.09 during midday trading on Tuesday, hitting $13.18. 200,093 shares of the company traded hands, compared to its average volume of 254,189. The business has a 50 day simple moving average of $13.04 and a 200-day simple moving average of $12.80. PGIM Global High Yield Fund has a twelve month low of $11.11 and a twelve month high of $13.54.

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.