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

PGIM High Yield Bond Fund, Inc. (NYSE:ISD) announced a monthly dividend on Friday, November 29th,NASDAQ Dividends reports. Investors of record on Thursday, December 26th will be paid a dividend of 0.105 per share on Thursday, January 9th. This represents a $1.26 annualized dividend and a dividend yield of 9.10%. The ex-dividend date of this dividend is Thursday, December 26th.

PGIM High Yield Bond Fund has raised its dividend by an average of 0.6% per year over the last three years.

PGIM High Yield Bond Fund Price Performance

Shares of ISD opened at $13.85 on Tuesday. PGIM High Yield Bond Fund has a 1 year low of $12.20 and a 1 year high of $14.43. The company’s fifty day moving average is $13.90 and its two-hundred day moving average is $13.62.

About PGIM High Yield Bond Fund

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).