PGIM Global High Yield Fund, Inc (NYSE:GHY – Get Free Report) announced a monthly dividend on Friday, May 29th. Shareholders of record on Thursday, August 13th will be paid a dividend of 0.105 per share on Monday, August 31st. This represents a c) annualized dividend and a yield of 10.7%. The ex-dividend date of this dividend is Thursday, August 13th.
PGIM Global High Yield Fund Trading Down 0.2%
GHY stock opened at $11.77 on Tuesday. The business’s fifty day moving average price is $11.84 and its two-hundred day moving average price is $12.07. PGIM Global High Yield Fund has a fifty-two week low of $11.25 and a fifty-two week high of $13.43.
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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