PGIM High Yield Bond Fund, Inc. Declares Monthly Dividend of $0.11 (NYSE:ISD)

PGIM High Yield Bond Fund, Inc. (NYSE:ISD) declared a monthly dividend on Wednesday, September 4th,Wall Street Journal reports. Shareholders of record on Thursday, November 14th will be paid a dividend of 0.105 per share on Friday, November 29th. This represents a $1.26 annualized dividend and a yield of 9.05%. The ex-dividend date is Thursday, November 14th.

PGIM High Yield Bond Fund has raised its dividend by an average of 0.6% per year over the last three years.

PGIM High Yield Bond Fund Trading Down 1.3 %

Shares of NYSE:ISD opened at $13.93 on Wednesday. PGIM High Yield Bond Fund has a 1 year low of $11.42 and a 1 year high of $14.43. The firm’s 50-day moving average is $13.94 and its two-hundred day moving average is $13.36.

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).