PGIM High Yield Bond Fund, Inc. (NYSE:ISD) Declares Monthly Dividend of $0.11

PGIM High Yield Bond Fund, Inc. (NYSE:ISD) declared a monthly dividend on Friday, February 27th. Shareholders of record on Thursday, April 9th will be given a dividend of 0.105 per share on Thursday, April 30th. This represents a c) annualized dividend and a yield of 9.6%. The ex-dividend date is Thursday, April 9th.

PGIM High Yield Bond Fund Stock Performance

Shares of NYSE:ISD opened at $13.06 on Tuesday. The firm’s 50 day moving average is $14.02 and its two-hundred day moving average is $14.31. PGIM High Yield Bond Fund has a 52 week low of $11.82 and a 52 week high of $14.79.

PGIM High Yield Bond Fund Company Profile

PGIM High Yield Bond Fund (NYSE:ISD) is an exchange‐traded fund designed to provide investors with broad exposure to the high yield corporate debt market. Launched and managed by PGIM Investments, the fund seeks to generate current income by investing predominantly in U.S. dollar‐denominated below‐investment‐grade corporate bonds. Through its open‐end structure, ISD offers daily liquidity, allowing investors to gain access to a diversified portfolio of high yield debt instruments across a range of industries.

The fund’s investment approach emphasizes rigorous, bottom‐up credit research conducted by PGIM’s global fixed income team.