PGIM Global High Yield Fund, Inc (NYSE:GHY) to Issue $0.10 Monthly Dividend

by · The Cerbat Gem

PGIM Global High Yield Fund, Inc (NYSE:GHY – Get Free Report) announced a monthly dividend on Friday, May 29th. Investors of record on Thursday, August 13th will be given a dividend of 0.105 per share on Monday, August 31st. This represents a c) annualized dividend and a dividend yield of 10.7%. The ex-dividend date of this dividend is Thursday, August 13th.

PGIM Global High Yield Fund Stock Performance

Shares of NYSE GHY opened at $11.77 on Tuesday. PGIM Global High Yield Fund has a 52-week low of $11.25 and a 52-week high of $13.43. The firm has a 50 day moving average price of $11.84 and a two-hundred day moving average price of $12.07.

PGIM Global High Yield Fund Company Profile

(Get Free Report)

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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