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

PGIM High Yield Bond Fund, Inc. (NYSE:ISD) declared a dividend on Wednesday, March 12th, investing.com reports. Investors of record on Friday, March 14th will be given a dividend of 0.105 per share on Monday, March 31st. This represents a yield of 8.87%. The ex-dividend date of this dividend is Thursday, March 13th.

PGIM High Yield Bond Fund has increased its dividend by an average of 5.1% per year over the last three years.

PGIM High Yield Bond Fund Trading Up 0.8 %

PGIM High Yield Bond Fund stock traded up $0.12 during mid-day trading on Wednesday, reaching $14.23. The stock had a trading volume of 143,154 shares, compared to its average volume of 121,765. PGIM High Yield Bond Fund has a fifty-two week low of $12.20 and a fifty-two week high of $14.49. The stock’s 50-day simple moving average is $13.98 and its 200-day simple moving average is $13.93.

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).