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PGIM Short Duration High Yield Opportunities (PGIM Short Duration High Yield Opportunities) Dividend Yield % : 8.57% (As of May. 27, 2024)


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What is PGIM Short Duration High Yield Opportunities Dividend Yield %?

As of today (2024-05-27), the Trailing Annual Dividend Yield of PGIM Short Duration High Yield Opportunities is 8.57%.

The historical rank and industry rank for PGIM Short Duration High Yield Opportunities's Dividend Yield % or its related term are showing as below:

SDHY' s Dividend Yield % Range Over the Past 10 Years
Min: 8.11   Med: 8.91   Max: 10.06
Current: 8.57

During the past 3 years, the highest Dividend Yield of PGIM Short Duration High Yield Opportunities was 10.06%. The lowest was 8.11%. And the median was 8.91%.

SDHY's Dividend Yield % is ranked better than
72.53% of 1216 companies
in the Asset Management industry
Industry Median: 5.54 vs SDHY: 8.57

PGIM Short Duration High Yield Opportunities'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 Short Duration High Yield Opportunities is 0.80, which seems too high.

During the past 3 years, the highest Dividend Payout Ratio of PGIM Short Duration High Yield Opportunities was 1.31. The lowest was 0.80. And the median was 1.31.

As of today (2024-05-27), the Forward Dividend Yield % of PGIM Short Duration High Yield Opportunities is 8.57%.

PGIM Short Duration High Yield Opportunities's Dividends per Share for the six months ended in Jan. 2024 was $0.54.

During the past 12 months, PGIM Short Duration High Yield Opportunities's average Dividends Per Share Growth Rate was -15.40% per year.

The growth rate is calculated with least square regression.

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


PGIM Short Duration High Yield Opportunities Dividend Yield % Historical Data

The historical data trend for PGIM Short Duration High Yield Opportunities'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 Short Duration High Yield Opportunities Dividend Yield % Chart

PGIM Short Duration High Yield Opportunities Annual Data
Trend Jul21 Jul22 Jul23
Dividend Yield %
2.77 8.31 8.49

PGIM Short Duration High Yield Opportunities Semi-Annual Data
Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
Dividend Yield % Get a 7-Day Free Trial 6.67 8.31 8.19 8.49 8.59

Competitive Comparison of PGIM Short Duration High Yield Opportunities's Dividend Yield %

For the Asset Management subindustry, PGIM Short Duration High Yield Opportunities'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 Short Duration High Yield Opportunities's Dividend Yield % Distribution in the Asset Management Industry

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

* The bar in red indicates where PGIM Short Duration High Yield Opportunities's Dividend Yield % falls into.



PGIM Short Duration High Yield Opportunities Dividend Yield % Calculation

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

PGIM Short Duration High Yield Opportunities Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1080002024-05-092024-05-102024-05-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1080002024-04-112024-04-122024-04-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1080002024-03-142024-03-152024-03-28Cash DividendmonthlyUSD:USD 1.000000
USD 0.1080002024-02-152024-02-162024-02-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1080002023-12-262023-12-272024-01-05Cash DividendmonthlyUSD:USD 1.000000
USD 0.1080002023-12-142023-12-152023-12-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1080002023-11-082023-11-092023-11-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1080002023-10-122023-10-132023-10-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1080002023-09-142023-09-152023-09-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1080002023-08-102023-08-112023-08-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1080002023-07-132023-07-142023-07-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1080002023-06-152023-06-162023-06-30Cash 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 Short Duration High Yield Opportunities's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.296/15.12
=8.57 %

Current Share Price is $15.12.
PGIM Short Duration High Yield Opportunities's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.296.

PGIM Short Duration High Yield Opportunities's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.296/15.12
=8.57 %

Current Share Price is $15.12.
PGIM Short Duration High Yield Opportunities's Dividends per Share for the forward twelve months is calculated as $0.108 * 12 = $1.296.

* 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 Short Duration High Yield Opportunities  (NYSE:SDHY) 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 Short Duration High Yield Opportunities Dividend Yield % Related Terms

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


PGIM Short Duration High Yield Opportunities (PGIM Short Duration High Yield Opportunities) Business Description

Traded in Other Exchanges
N/A
Address
655 Broad Street, 6th Floor, Newark, NJ, USA, 07102
PGIM Short Duration High Yield Opportunities is a closed-end management investment company. The fund's investment objective is to provide total return, through a combination of current income and capital appreciation. Its seeks to achieve its objective by investing in a diversified portfolio of high yield fixed income instruments.
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: Head of PGIM Fixed Income/CIO 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
Daniel T Thorogood other: Portfolio Manager PGIM, INC., 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
Debra Rubano officer: Assistant Secretary 655 BROAD STREET, PRUDENTIAL TOWER SOUTH, NEWARK NJ 07102
Brian Clapp other: Portfolio Manager 100 MULBERRY STREET, NEWARK NJ 07102
Richard Greenwood other: Investment Professional 2 GATEWAY CENTER, NEWARK NJ 07102
Robert Spano other: Portfolio Manager 2 GATEWAY CENTER, NEWARK NJ 07102