PGIM Short Duration High Yield Opportunities Fund Declares Dividend of $0.11 (NYSE:SDHY)

PGIM Short Duration High Yield Opportunities Fund (NYSE:SDHY) announced a dividend on Wednesday, March 12th, investing.com reports. Investors of record on Friday, March 14th will be paid a dividend of 0.108 per share on Monday, March 31st. This represents a dividend yield of 7.9%. The ex-dividend date is Thursday, March 13th.

PGIM Short Duration High Yield Opportunities Fund has decreased its dividend by an average of 2.0% annually over the last three years.

PGIM Short Duration High Yield Opportunities Fund Price Performance

SDHY stock opened at $16.41 on Thursday. The business’s 50-day simple moving average is $16.50 and its 200 day simple moving average is $16.47. PGIM Short Duration High Yield Opportunities Fund has a twelve month low of $14.91 and a twelve month high of $16.97.

Insider Buying and Selling at PGIM Short Duration High Yield Opportunities Fund

In related news, Portfolio Manager Robert Cignarella purchased 17,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 31st. The stock was acquired at an average cost of $16.20 per share, for a total transaction of $275,400.00. Following the completion of the purchase, the portfolio manager now owns 35,000 shares in the company, valued at approximately $567,000. This represents a 94.44 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.