PGIM Global High Yield Fund, Inc (GHY) to Issue Monthly Dividend of $0.11 on July 31st

PGIM Global High Yield Fund, Inc (NYSE:GHY) announced a monthly dividend on Monday, June 3rd, Wall Street Journal reports. Stockholders of record on Thursday, July 11th will be given a dividend of 0.105 per share on Wednesday, July 31st. This represents a $1.26 annualized dividend and a dividend yield of 10.48%. The ex-dividend date of this dividend is Thursday, July 11th.

PGIM Global High Yield Fund Trading Down 0.2 %

Shares of GHY opened at $12.02 on Tuesday. The business’s fifty day moving average price is $11.83 and its two-hundred day moving average price is $11.65. PGIM Global High Yield Fund has a 52 week low of $10.24 and a 52 week high of $12.16.

About PGIM Global High Yield Fund

PGIM Global Short Duration High Yield Fund, Inc is a closed ended fixed income mutual fund launched and managed by PGIM Investments LLC. The fund is co-managed by PGIM Fixed Income. It invests in fixed income markets across the globe. The fund primarily invests in high yield fixed income instruments of varying maturities that are rated Ba1 or lower by Moody's Investors Service, Inc or BB+ or lower by Standard & Poor's Ratings Services.