PGIM Global High Yield Fund, Inc (NYSE:GHY) to Issue $0.11 Monthly Dividend

PGIM Global High Yield Fund, Inc (NYSE:GHYGet Free Report) declared a monthly dividend on Friday, February 27th. Shareholders of record on Thursday, May 14th will be given a dividend of 0.105 per share on Sunday, May 31st. This represents a c) annualized dividend and a yield of 10.5%. The ex-dividend date is Thursday, May 14th.

PGIM Global High Yield Fund Trading Down 0.1%

GHY stock opened at $11.96 on Tuesday. The business’s 50-day moving average price is $11.91 and its two-hundred day moving average price is $12.32. PGIM Global High Yield Fund has a 1-year low of $11.25 and a 1-year high of $13.74.

PGIM Global High Yield Fund Company Profile

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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.

See Also

Dividend History for PGIM Global High Yield Fund (NYSE:GHY)

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