PGIM Short Duration High Yield Opportunities Fund
SDHYFinancial Services · Stock · monthly payer
Forward Yield
8.28%
Annual Dividend
$1.30
Payout Ratio
108%
5-Yr Growth
—
Ex-Date
Oct 15, 2026
Frequency
Monthly
Summary
As of September 2026, PGIM Short Duration High Yield Opportunities Fund (SDHY) yields 8.28% ($1.30 per share annually), with a blended fair-value estimate of $35.14 — +125% upside, so it screens as undervalued. Dividend safety grade: B (75/100).
Is SDHY a good dividend stock?
YesPGIM Short Duration High Yield Opportunities Fund (SDHY) pays a monthly dividend yielding 8.28% ($1.30/yr), with 0 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Never cut its dividend on record
Risks
- Elevated payout ratio (108%)
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 8.28%
- Payout Ratio
- 108%
- Annual Dividend
- $1.30
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- Oct 15, 2026
- Years of Growth
- 0
- Frequency
- monthly
- Beta
- —
- Market Cap
- $386.1M
- P/E Ratio
- 13.0
- 5-Yr Total Return
- -17%
- 52-Week Range
- $15.55 – $17.10
- Dividend Safety
- B · 75/100
- Ever Cut?
- No
Frequently Asked Questions
SDHY Price — Last 12 Months
Daily close
Price Return
1 Year
-6%
3 Years
+8%
5 Years
-17%
52-Week Range
$15.55 – $17.10
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is SDHY worth?
Undervaluedlow confidenceOur blended fair-value estimate for PGIM Short Duration High Yield Opportunities Fund is $35.14 per share, versus a market price of $15.65. That implies 125% of upside — a margin of safety of about 55%.
Fair Value
$35.14
Current Price
$15.65
Upside
+125%
Margin of Safety
55%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model 20.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 9.3% discount rate (CAPM), 20.0% stage-1 growth, 2.5% terminal growth, $1.20 EPS, $1.30 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
SDHY Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 10, 2026 | — | $0.1080 | regular |
| Aug 13, 2026 | — | $0.1080 | regular |
| Jul 9, 2026 | — | $0.1080 | regular |
| Jun 11, 2026 | — | $0.1080 | regular |
| May 14, 2026 | — | $0.1080 | regular |
| Apr 9, 2026 | — | $0.1080 | regular |
| Mar 12, 2026 | — | $0.1080 | regular |
| Feb 12, 2026 | — | $0.1080 | regular |
| Dec 26, 2025 | — | $0.1080 | regular |
| Dec 11, 2025 | — | $0.1080 | regular |
| Nov 13, 2025 | — | $0.1080 | regular |
| Oct 16, 2025 | — | $0.1080 | regular |
| Sep 11, 2025 | — | $0.1080 | regular |
| Aug 14, 2025 | — | $0.1080 | regular |
Income Calculator
At $1.30 / yr per share
