PGIM High Yield Bond Fund, Inc. (NYSE:ISD – Get Free Report) announced a monthly dividend on Friday, November 29th,investing.com reports. Shareholders of record on Thursday, December 26th will be paid a dividend of 0.105 per share on Thursday, January 9th. This represents a $1.26 annualized dividend and a yield of 9.14%. The ex-dividend date is Thursday, December 26th.
PGIM High Yield Bond Fund has increased its dividend by an average of 0.6% per year over the last three years.
PGIM High Yield Bond Fund Price Performance
Shares of ISD opened at $13.79 on Tuesday. PGIM High Yield Bond Fund has a one year low of $12.20 and a one year high of $14.43. The stock has a 50-day moving average price of $13.90 and a 200 day moving average price of $13.62.
PGIM High Yield Bond Fund Company Profile
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).
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