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

PGIM Short Duration High Yield Opportunities Fund (NYSE:SDHY) announced a monthly dividend on Monday, March 3rd, 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 annualized dividend and a yield of 7.75%. The ex-dividend date 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 Trading Down 0.1 %

Shares of PGIM Short Duration High Yield Opportunities Fund stock opened at $16.73 on Tuesday. PGIM Short Duration High Yield Opportunities Fund has a twelve month low of $14.91 and a twelve month high of $16.97. The company has a 50-day simple moving average of $16.45 and a two-hundred day simple moving average of $16.44.

Insiders Place Their Bets

In other PGIM Short Duration High Yield Opportunities Fund news, Portfolio Manager Robert Cignarella acquired 17,000 shares of the company’s stock in a transaction on Tuesday, December 31st. The stock was acquired at an average price of $16.20 per share, for a total transaction of $275,400.00. Following the purchase, the portfolio manager now directly owns 35,000 shares of the company’s stock, valued at $567,000. This trade represents a 94.44 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.