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

PGIM High Yield Bond Fund, Inc. (NYSE:ISDGet Free Report) announced a monthly dividend on Monday, June 3rd, Wall Street Journal reports. Investors of record on Thursday, July 11th will be given a dividend of 0.105 per share on Wednesday, July 31st. This represents a $1.26 annualized dividend and a yield of 9.63%. The ex-dividend date of this dividend is Thursday, July 11th.

PGIM High Yield Bond Fund has increased its dividend payment by an average of 0.6% annually over the last three years.

PGIM High Yield Bond Fund Trading Up 0.2 %

ISD opened at $13.09 on Wednesday. PGIM High Yield Bond Fund has a 52-week low of $10.98 and a 52-week high of $13.16. The business’s 50-day simple moving average is $12.74 and its 200 day simple moving average is $12.70.

About PGIM High Yield Bond Fund

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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).

See Also

Dividend History for PGIM High Yield Bond Fund (NYSE:ISD)

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