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

PGIM High Yield Bond Fund, Inc. (NYSE:ISD) announced a monthly dividend on Friday, August 29th. Stockholders of record on Thursday, October 16th will be given a dividend of 0.105 per share on Friday, October 31st. This represents a c) annualized dividend and a dividend yield of 8.8%. The ex-dividend date is Thursday, October 16th.

PGIM High Yield Bond Fund Price Performance

PGIM High Yield Bond Fund stock opened at $14.25 on Tuesday. The firm has a 50 day simple moving average of $14.49 and a 200-day simple moving average of $14.00. PGIM High Yield Bond Fund has a 1-year low of $11.82 and a 1-year high of $14.70.

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).