PGIM High Yield Bond Fund, Inc. (ISD) to Issue Monthly Dividend of $0.11 on August 29th

PGIM High Yield Bond Fund, Inc. (NYSE:ISD) declared a monthly dividend on Monday, June 2nd, Wall Street Journal reports. Stockholders of record on Thursday, August 14th will be given a dividend of 0.105 per share on Friday, August 29th. This represents a c) dividend on an annualized basis and a dividend yield of 8.7%. The ex-dividend date is Thursday, August 14th.

PGIM High Yield Bond Fund Stock Performance

ISD stock opened at $14.47 on Tuesday. PGIM High Yield Bond Fund has a twelve month low of $11.82 and a twelve month high of $14.53. The stock’s 50 day moving average is $14.08 and its 200-day moving average is $13.88.

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).