Prudential Short Duration High Yield FD (NYSE:ISD) declared a monthly dividend on Thursday, March 1st, Wall Street Journal reports. Shareholders of record on Friday, April 13th will be paid a dividend of 0.085 per share on Monday, April 30th. This represents a $1.02 annualized dividend and a yield of 7.23%. The ex-dividend date is Thursday, April 12th.
Prudential Short Duration High Yield FD has decreased its dividend payment by an average of 7.6% per year over the last three years.
Shares of ISD opened at $14.10 on Friday. Prudential Short Duration High Yield FD has a 52-week low of $14.06 and a 52-week high of $15.73.
About Prudential Short Duration High Yield FD
Prudential Short Duration High Yield Fund, Inc (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is to provide current income by investing primarily in higher-rated, below-investment-grade fixed income instruments. The Fund seeks to maintain a weighted average portfolio duration of approximately three years or less and a weighted average maturity of over five years or less.
Receive News & Ratings for Prudential Short Duration High Yield FD Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Prudential Short Duration High Yield FD and related companies with MarketBeat.com's FREE daily email newsletter.