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

PGIM High Yield Bond Fund, Inc. (NYSE:ISD) declared a dividend on Tuesday, June 11th, investing.com reports. Stockholders of record on Friday, June 14th will be given a dividend of 0.105 per share on Friday, June 28th. This represents a dividend yield of 9.93%. The ex-dividend date of this dividend is Thursday, June 13th.

PGIM High Yield Bond Fund has raised its dividend by an average of 0.6% annually over the last three years and has raised its dividend annually for the last 1 consecutive years.

PGIM High Yield Bond Fund Stock Up 0.2 %

Shares of PGIM High Yield Bond Fund stock traded up $0.02 on Tuesday, reaching $12.71. 102,123 shares of the company traded hands, compared to its average volume of 122,426. PGIM High Yield Bond Fund has a 52 week low of $10.98 and a 52 week high of $13.16. The company has a 50 day moving average of $12.60 and a 200 day moving average of $12.60.

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).