Prudential Global Short Duration High Yield Fund, Inc. (NYSE:GHY) declared a monthly dividend on Friday, December 1st, Wall Street Journal reports. Shareholders of record on Friday, February 16th will be paid a dividend of 0.09 per share on Wednesday, February 28th. This represents a $1.08 annualized dividend and a yield of 7.48%. The ex-dividend date of this dividend is Thursday, February 15th.

Prudential Global Short Duration High Yield Fund has decreased its dividend by an average of 2.4% annually over the last three years.

Prudential Global Short Duration High Yield Fund (NYSE:GHY) opened at $14.43 on Friday. Prudential Global Short Duration High Yield Fund has a 12 month low of $14.30 and a 12 month high of $15.31.

In related news, Director Barry H. Evans bought 7,000 shares of the business’s stock in a transaction on Thursday, September 28th. The stock was acquired at an average price of $14.92 per share, for a total transaction of $104,440.00. Following the purchase, the director now directly owns 34,826 shares in the company, valued at $519,603.92. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

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Prudential Global Short Duration High Yield Fund Company Profile

Prudential Global Short Duration High Yield Fund, Inc (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is to provide a high level of current income by investing primarily in higher-rated, below-investment-grade fixed income instruments of issuers located across the world, including emerging markets.

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