Cash Dividend On The Way From Prudential Short Duration High Yield Fund (ISD)

Looking at the universe of stocks we cover at Dividend Channel, on 12/17/14, Prudential Short Duration High Yield Fund (ISD) will trade ex-dividend, for its monthly dividend of $0.1225, payable on 12/31/14. As a percentage of ISD's recent stock price of $15.77, this dividend works out to approximately 0.78%, so look for shares of Prudential Short Duration High Yield Fund to trade 0.78% lower — all else being equal — when ISD shares open for trading on 12/17/14.

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Below is a dividend history chart for ISD, showing historical dividends prior to the most recent $0.1225 declared by Prudential Short Duration High Yield Fund:

ISD+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from ISD is likely to continue, and whether the current estimated yield of 9.32% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of ISD shares, versus its 200 day moving average:

Prudential Short Duration High Yield Fund 200 Day Moving Average Chart

Looking at the chart above, ISD's low point in its 52 week range is $15.76 per share, with $18.71 as the 52 week high point — that compares with a last trade of $15.78.

In Monday trading, Prudential Short Duration High Yield Fund shares are currently up about 0.1% on the day.

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