PGIM Short Duration High Yield Opportunities Fund (SDHY) To Go Ex-Dividend on May 15th

PGIM Short Duration High Yield Opportunities Fund (NYSE:SDHY) declared a monthly dividend on Tuesday, March 4th, Wall Street Journal reports. Shareholders of record on Thursday, May 15th will be paid a dividend of 0.108 per share on Friday, May 30th. This represents a $1.30 dividend on an annualized basis and a yield of 7.80%. The ex-dividend date of this dividend is Thursday, May 15th.

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

PGIM Short Duration High Yield Opportunities Fund Trading Down 0.7 %

Shares of SDHY stock opened at $16.61 on Thursday. The stock has a 50 day simple moving average of $16.47 and a 200 day simple moving average of $16.45. PGIM Short Duration High Yield Opportunities Fund has a 1 year low of $14.91 and a 1 year high of $16.97.

Insider Activity at PGIM Short Duration High Yield Opportunities Fund

In other PGIM Short Duration High Yield Opportunities Fund news, Portfolio Manager Robert Cignarella bought 17,000 shares of the business’s stock in a transaction on Tuesday, December 31st. The stock was purchased 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 directly owns 35,000 shares of the company’s stock, valued at approximately $567,000. This trade represents a 94.44 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website.