PGIM Global High Yield Fund, Inc (NYSE:GHY – Get Free Report) announced a monthly dividend on Friday, February 27th. Investors of record on Thursday, May 14th will be paid a dividend of 0.105 per share on Sunday, May 31st. This represents a c) dividend on an annualized basis and a dividend yield of 10.5%. The ex-dividend date is Thursday, May 14th.
PGIM Global High Yield Fund Stock Performance
Shares of GHY stock opened at $11.96 on Tuesday. The company’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 52 week low of $11.25 and a 52 week high of $13.74.
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.
Recommended Stories
- Five stocks we like better than PGIM Global High Yield Fund
- TMC Forges a New EV Supply Chain at the Bottom of the Sea
- Sell in May and Go Away—Starting With These 3 Stocks
- Before the Moon Base Gets Built, These 4 Companies Win
- Industrial Buybacks: Top Homebuilding Supplier Leads Buyback Increases
Receive News & Ratings for PGIM Global High Yield Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PGIM Global High Yield Fund and related companies with MarketBeat.com's FREE daily email newsletter.
