PGIM High Yield Bond Fund, Inc. (ISD) to Issue Monthly Dividend of $0.11 on May 30th

PGIM High Yield Bond Fund, Inc. (NYSE:ISDGet Free Report) declared a monthly dividend on Tuesday, March 4th, Wall Street Journal reports. Investors of record on Thursday, May 15th will be given a dividend of 0.105 per share on Friday, May 30th. This represents a $1.26 annualized dividend and a yield of 8.84%. The ex-dividend date is Thursday, May 15th.

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

PGIM High Yield Bond Fund Price Performance

NYSE:ISD opened at $14.26 on Thursday. PGIM High Yield Bond Fund has a 1-year low of $12.20 and a 1-year high of $14.49. The business’s fifty day moving average price is $13.95 and its 200 day moving average price is $13.91.

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).

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

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