PGIM High Yield Fund (PGIM High Yield Fund) Dividend Payout Ratio

: 0.71 (As of Jan. 2024)

View and export this data going back to . Start your Free Trial

PGIM High Yield Fund's dividend payout ratio for the months ended in Jan. 2024 was 0.71.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of PGIM High Yield Fund Inc is 1.63, which seems too high.

The historical rank and industry rank for PGIM High Yield Fund's Dividend Payout Ratio or its related term are showing as below:

ISD' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.38 Med: 2 Max: 12.5
Current: 1.63

During the past 6 years, the highest Dividend Payout Ratio of PGIM High Yield Fund was 12.50. The lowest was 0.38. And the median was 2.00.

ISD's Dividend Payout Ratio is ranked worse than
80.11% of 940 companies
in the Asset Management industry
Industry Median: 0.83 vs ISD: 1.63

As of today (2024-04-18), the Dividend Yield % of PGIM High Yield Fund is 10.26%.

During the past 6 years, the highest Trailing Annual Dividend Yield of PGIM High Yield Fund was 12.36%. The lowest was 6.87%. And the median was 8.41%.

PGIM High Yield Fund's Dividends per Share for the months ended in Jan. 2024 was $0.53.

During the past 12 months, PGIM High Yield Fund's average Dividends Per Share Growth Rate was -15.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 3.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 4.80% per year.

During the past 6 years, the highest 3-Year average Dividends Per Share Growth Rate of PGIM High Yield Fund was 5.30% per year. The lowest was 3.00% per year. And the median was 5.30% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

PGIM High Yield Fund Dividend Payout Ratio Historical Data

The historical data trend for PGIM High Yield Fund's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

PGIM High Yield Fund Annual Data

Trend

May18

May19

May20

May21

Jul22

Jul23

Dividend Payout Ratio

1.10

12.50

0.38

2.24

PGIM High Yield Fund Semi-Annual Data
	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Jan22	Jul22	Jan23	Jul23	Jan24
Dividend Payout Ratio									-	-	1.44	-	0.71

Competitive Comparison

For the Asset Management subindustry, PGIM High Yield Fund's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

PGIM High Yield Fund Dividend Payout Ratio Distribution

For the Asset Management industry and Financial Services sector, PGIM High Yield Fund's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where PGIM High Yield Fund's Dividend Payout Ratio falls into.

PGIM High Yield Fund Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

PGIM High Yield Fund's Dividend Payout Ratio for the fiscal year that ended in Jul. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Jul. 2023 )	/	EPS without NRI (A: Jul. 2023 )
	=	1.365	/	0.61
	=	2.24

PGIM High Yield Fund's Dividend Payout Ratio for the quarter that ended in Jan. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Jan. 2024 )	/	EPS without NRI (Q: Jan. 2024 )
	=	0.525	/	0.74
	=	0.71

PGIM High Yield Fund (NYSE:ISD) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

PGIM High Yield Fund Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of PGIM High Yield Fund's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

PGIM High Yield Fund (PGIM High Yield Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » PGIM High Yield Fund Inc (NYSE:ISD) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

655 Broad Street, 6th Floor, Newark, NJ, USA, 07102

Website

https://www.pgim.com

PGIM High Yield Fund Inc is a diversified, closed-end management investment company, active in the financial services domain. The Fund's investment objective is to provide a high level of current income. It invests at least 80% of its investable assets in a diversified portfolio of high-yield fixed-income instruments that are rated below investment grade with varying maturities and other investments.

Executives

Brian Reid	director	C/O PGIM INVESTMENTS LLC, 655 BROAD STREET, NEWARK NJ 07102
Andrew Donohue	officer: Chief Compliance Officer	655 BROAD STREET, NEWARK NJ 07102
Brian J Lalli	other: Portfolio Manager	655 BROAD STREET, NEWARK NJ 07102
Robert Mccormack	officer: Assistant Treasurer	655 BROAD ST., NEWARK NJ 07102
Barry H Evans	director	C/O PGIM INVESTMENTS, 655 BROAD STREET, NEWARK NJ 07102
Isabelle Sajous	officer: Chief Compliance Officer	655 BROAD ST., NEWARK NJ 07102
Michael Joseph Gormally	other: Portfolio Manager	655 BROAD STREET, NEWARK NJ 07102
Gregory J Peters	other: Co-Chief Investment Officer	655 BROAD STREET, NEWARK NJ 07102
Craig C Dewling	other: Deputy CIO	655 BROAD STREET, NEWARK NJ 07102
Michael Lillard	other: Portfolio Manager	655 BROAD STREET, NEWARK NJ 07102
Debra Rubano	officer: Assistant Secretary	655 BROAD STREET, PRUDENTIAL TOWER SOUTH, NEWARK NJ 07102
Patrick Mcguinness	officer: Assistant Secretary	655 BROAD STREET, PRUDENTIAL TOWER SOUTH, 17TH FLOOR, NEWARK NJ 07102
Scott E Benjamin	director	655 BROAD ST., NEWARK NJ 07102
Melissa Gonzalez	officer: Assistant Secretary	655 BROAD STREET, NEWARK NJ 07102
Elyse Mclaughlin	officer: Assistant Treasurer	655 BROAD ST., NEWARK NJ 07102