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

PGIM Global High Yield Fund, Inc (NYSE:GHY) announced a dividend on Wednesday, December 11th,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 9.75%. The ex-dividend date of this dividend is Thursday, December 12th.

PGIM Global High Yield Fund Price Performance

PGIM Global High Yield Fund stock traded down $0.05 during trading hours on Wednesday, hitting $12.92. The company had a trading volume of 179,998 shares, compared to its average volume of 164,577. The company has a 50-day moving average price of $12.71 and a two-hundred day moving average price of $12.44. PGIM Global High Yield Fund has a 1 year low of $11.05 and a 1 year high of $13.11.

Insider Buying and Selling

In other news, Director Barry H. Evans sold 41,885 shares of PGIM Global High Yield Fund stock in a transaction on Monday, December 9th. The stock was sold at an average price of $12.99, for a total value of $544,086.15. Following the transaction, the director now directly owns 42,053 shares in the company, valued at approximately $546,268.47. This trade represents a 49.90 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

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.