PGIM High Yield Bond Fund, Inc. (ISD) To Go Ex-Dividend on November 14th

PGIM High Yield Bond Fund, Inc. (NYSE:ISD) declared a monthly dividend on Wednesday, September 4th, Wall Street Journal reports. Shareholders of record on Thursday, November 14th will be paid a dividend of 0.105 per share on Friday, November 29th. This represents a $1.26 dividend on an annualized basis and a yield of 9.07%. The ex-dividend date is Thursday, November 14th.

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 Price Performance

Shares of NYSE ISD opened at $13.90 on Friday. The firm’s 50 day simple moving average is $13.41 and its 200-day simple moving average is $12.96. PGIM High Yield Bond Fund has a 12 month low of $10.98 and a 12 month high of $13.94.

About PGIM High Yield Bond Fund

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).