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

PGIM High Yield Bond Fund, Inc. (NYSE:ISDGet Free Report) declared a dividend on Thursday, March 13th, investing.com reports. Shareholders of record on Friday, March 14th will be given a dividend of 0.105 per share on Monday, March 31st. This represents a yield of 9.08%. The ex-dividend date is Thursday, March 13th.

PGIM High Yield Bond Fund has raised its dividend payment by an average of 5.1% annually over the last three years.

PGIM High Yield Bond Fund Stock Performance

Shares of NYSE:ISD traded down $0.30 during midday trading on Thursday, hitting $13.90. The company’s stock had a trading volume of 93,749 shares, compared to its average volume of 121,180. PGIM High Yield Bond Fund has a 12-month low of $12.20 and a 12-month high of $14.49. The business’s 50 day simple moving average is $13.99 and its 200 day simple moving average is $13.93.

About PGIM High Yield Bond Fund

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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).

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Dividend History for PGIM High Yield Bond Fund (NYSE:ISD)

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