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PGIM Global High Yield Fund, (PGIM Global High Yield Fund,) Dividend Yield %

: 10.97% (As of Today)
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As of today (2024-04-23), the Trailing Annual Dividend Yield of PGIM Global High Yield Fund, is 10.97%.

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

GHY' s Dividend Yield % Range Over the Past 10 Years
Min: 7.12   Med: 8.9   Max: 13.25
Current: 10.97

During the past 7 years, the highest Dividend Yield of PGIM Global High Yield Fund, was 13.25%. The lowest was 7.12%. And the median was 8.90%.

GHY's Dividend Yield % is ranked better than
86.91% of 1215 companies
in the Asset Management industry
Industry Median: 5.67 vs GHY: 10.97

PGIM Global High Yield Fund,'s Dividend Payout Ratio for the six months ended in Jan. 2024 was 0.62.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of PGIM Global High Yield Fund, Inc is 0.97, which seems too high.

During the past 7 years, the highest Dividend Payout Ratio of PGIM Global High Yield Fund, was 10.50. The lowest was 0.51. And the median was 1.35.

As of today (2024-04-23), the Forward Dividend Yield % of PGIM Global High Yield Fund, is 10.97%.

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

During the past 12 months, PGIM Global 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 2.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.30% per year.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of PGIM Global High Yield Fund, was 6.80% per year. The lowest was -0.50% per year. And the median was 3.75% per year.

The growth rate is calculated with least square regression.

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


PGIM Global High Yield Fund, Dividend Yield % Historical Data

The historical data trend for PGIM Global High Yield Fund,'s Dividend Yield % 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 Global High Yield Fund, Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Dividend Yield %
Get a 7-Day Free Trial 7.42 9.52 8.08 10.52 11.07

PGIM Global High Yield Fund, Semi-Annual Data
Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.74 10.52 10.63 11.07 11.06

Competitive Comparison

For the Asset Management subindustry, PGIM Global High Yield Fund,'s Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Global High Yield Fund, Dividend Yield % Distribution

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

* The bar in red indicates where PGIM Global High Yield Fund,'s Dividend Yield % falls into.



PGIM Global High Yield Fund, Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

PGIM Global High Yield Fund, Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1052024-04-112024-04-122024-04-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1052024-03-142024-03-152024-03-28Cash DividendmonthlyUSD:USD 1.000000
USD 0.1052024-02-152024-02-162024-02-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1052023-12-262023-12-272024-01-05Cash DividendmonthlyUSD:USD 1.000000
USD 0.1052023-12-142023-12-152023-12-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1052023-11-082023-11-092023-11-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1052023-10-122023-10-132023-10-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1052023-09-142023-09-152023-09-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1052023-08-102023-08-112023-08-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1052023-07-132023-07-142023-07-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1052023-06-152023-06-162023-06-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1052023-05-112023-05-122023-05-31Cash DividendmonthlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

PGIM Global High Yield Fund,'s Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.26/11.48
=10.98 %

Current Share Price is $11.48.
PGIM Global High Yield Fund,'s Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.26.

PGIM Global High Yield Fund,'s Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.26/11.48
=10.98 %

Current Share Price is $11.48.
PGIM Global High Yield Fund,'s Dividends per Share for the forward twelve months is calculated as $0.105 * 12 = $1.26.

* 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.


PGIM Global High Yield Fund,  (NYSE:GHY) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


PGIM Global High Yield Fund, Dividend Yield % Related Terms

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

Traded in Other Exchanges
N/A
Address
655 Broad Street, 6th Floor, Newark, NJ, USA, 07102
PGIM Global High Yield Fund, Inc is a diversified, closed-end management investment company. The fund's investment objective is to provide a high level of current income. The fund seeks to provide a high level of current income by investing in higher-rated, below-investment-grade fixed income instruments of issuers located around the world, including emerging markets.
Executives
Robert Cignarella other: Portfolio Manager 100 MULBERRY STREET, NEWARK NJ 07102
Barry H Evans director C/O PGIM INVESTMENTS, 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
Michael Lillard other: Portfolio Manager 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: Co-Chief Investment Officer 655 BROAD STREET, NEWARK NJ 07102
Brian Reid director C/O PGIM INVESTMENTS LLC, 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
Melissa Gonzalez officer: Assistant Secretary 655 BROAD STREET, NEWARK NJ 07102
Russ Shupak officer: Assistant Treasurer 655 BROAD STREET, NEWARK NJ 07102

PGIM Global High Yield Fund, (PGIM Global High Yield Fund,) Headlines