PGIM Global High Yield Fund, Inc (NYSE:GHY – Get Free Report) announced a monthly dividend on Friday, May 29th. Investors of record on Thursday, June 11th will be paid a dividend of 0.105 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 10.7%. The ex-dividend date is Thursday, June 11th.
PGIM Global High Yield Fund Stock Performance
Shares of NYSE:GHY opened at $11.81 on Tuesday. PGIM Global High Yield Fund has a 12 month low of $11.25 and a 12 month high of $13.74. The company’s fifty day simple moving average is $11.87 and its 200 day simple moving average is $12.24.
About PGIM Global High Yield Fund
PGIM Global High Yield Fund (NYSE: GHY) is a closed-end management investment company that seeks to provide current income and capital appreciation by investing primarily in high-yield corporate debt securities. Managed by PGIM, the global investment management business of Prudential Financial, Inc, the fund offers investors access to a diversified portfolio of bonds issued by companies around the world. Its objective is to capitalize on credit spread opportunities in both developed and emerging markets.
The fund’s investment strategy centers on fundamental credit research and bottom-up security selection.
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