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

PGIM Global High Yield Fund, Inc (NYSE:GHY) announced a dividend on Monday, December 9th,investing.com reports. Investors of record on Friday, December 13th will be paid a dividend of 0.105 per share on Tuesday, December 31st. This represents a yield of 9.73%. The ex-dividend date of this dividend is Thursday, December 12th.

PGIM Global High Yield Fund Stock Performance

NYSE GHY traded down $0.07 during trading on Monday, hitting $12.95. The company’s stock had a trading volume of 116,729 shares, compared to its average volume of 164,734. PGIM Global High Yield Fund has a 52 week low of $11.05 and a 52 week high of $13.11. The firm has a 50 day moving average price of $12.71 and a 200 day moving average price of $12.42.

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.