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

PGIM Short Duration High Yield Opportunities Fund (NYSE:SDHY) announced a dividend on Tuesday, March 11th, investing.com reports. Investors of record on Friday, March 14th will be paid a dividend of 0.108 per share on Monday, March 31st. This represents a yield of 7.93%. The ex-dividend date is Thursday, March 13th.

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

PGIM Short Duration High Yield Opportunities Fund Stock Performance

Shares of SDHY traded up $0.04 during mid-day trading on Tuesday, reaching $16.35. The company’s stock had a trading volume of 77,863 shares, compared to its average volume of 66,649. PGIM Short Duration High Yield Opportunities Fund has a 1-year low of $14.91 and a 1-year high of $16.97. The business has a 50-day simple moving average of $16.49 and a two-hundred day simple moving average of $16.47.

Insider Transactions at PGIM Short Duration High Yield Opportunities Fund

In other news, Portfolio Manager Robert Cignarella bought 17,000 shares of the stock in a transaction dated Tuesday, December 31st. The shares were bought at an average price of $16.20 per share, for a total transaction of $275,400.00. Following the completion of the purchase, the portfolio manager now owns 35,000 shares in the company, valued at approximately $567,000. This trade represents a 94.44 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.