PGIM Short Duration High Yield Opportunities Fund (NYSE:SDHY) Announces $0.11 Monthly Dividend

PGIM Short Duration High Yield Opportunities Fund (NYSE:SDHY) announced a monthly dividend on Tuesday, March 4th, Wall Street Journal reports. Shareholders of record on Thursday, May 15th will be paid a dividend of 0.108 per share on Friday, May 30th. This represents a $1.30 dividend on an annualized basis and a yield of 7.80%. The ex-dividend date of this dividend is Thursday, May 15th.

PGIM Short Duration High Yield Opportunities Fund has decreased its dividend payment by an average of 2.0% annually over the last three years.

PGIM Short Duration High Yield Opportunities Fund Price Performance

SDHY stock opened at $16.61 on Thursday. The company’s 50-day moving average is $16.47 and its 200-day moving average is $16.45. PGIM Short Duration High Yield Opportunities Fund has a 1 year low of $14.91 and a 1 year high of $16.97.

Insider Transactions at PGIM Short Duration High Yield Opportunities Fund

In other PGIM Short Duration High Yield Opportunities Fund news, Portfolio Manager Robert Cignarella purchased 17,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 31st. The shares were acquired at an average price of $16.20 per share, with a total value of $275,400.00. Following the transaction, the portfolio manager now owns 35,000 shares in the company, valued at $567,000. The trade was a 94.44 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.