SmarterDividends
SDHY

PGIM Short Duration High Yield Opportunities Fund

SDHY

Financial Services · Asset Management · Stock · monthly payer

$15.39

Undervalued · +56% Add to Portfolio

Forward Yield

8.53%

Annual Dividend

$1.30

Payout Ratio

199%

5-Yr Growth

—

Ex-Date

Nov 12, 2026

Frequency

Monthly

Key facts about SDHY's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 30, 2026, PGIM Short Duration High Yield Opportunities Fund (SDHY) has a forward dividend yield of 8.53%, based on an annual dividend of $1.30 per share and a share price of $15.39.
  • As of Oct 30, 2026, SDHY's dividend safety grade from SmarterDividends is B (73 out of 100), which rates the dividend as safe.
  • SDHY has never cut its regular dividend in the payment history SmarterDividends has on record.
  • SDHY's next ex-dividend date is Nov 12, 2026, with payment on Nov 30, 2026. Shares must be owned before that date to receive the dividend.
  • As of Oct 30, 2026, SDHY pays out 199% of its trailing 12-month earnings as dividends (its payout ratio).
  • As of Oct 30, 2026, SmarterDividends' blended fair-value estimate for SDHY is $23.96 per share, 56% above the $15.39 share price, so SDHY screens as undervalued.
  • PGIM Short Duration High Yield Opportunities Fund (SDHY) pays its dividend monthly, 12 times a year.
  • PGIM Short Duration High Yield Opportunities Fund (SDHY) has raised its regular dividend 0 times and cut it 0 times across the 70 payments on record since 2021. The regular dividend has not changed in that time.
Cite this page

SmarterDividends, "SDHY Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 30, 2026, https://smarterdividends.com/stocks/SDHY

Summary

As of Oct 30, 2026, PGIM Short Duration High Yield Opportunities Fund (SDHY) yields 8.53% ($1.30 a year per share) and has a dividend safety grade of B (73/100).

Is SDHY a good dividend stock?

Yes, with caveats

PGIM Short Duration High Yield Opportunities Fund (SDHY) pays a monthly dividend yielding 8.53% ($1.30/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Never cut its dividend on record

Risks

  • Elevated payout ratio (199%)
  • Very high yield can signal elevated risk
  • Share price is down over the past 5 years

Key Data

Dividend Yield
8.53%
Payout Ratio
199%
Annual Dividend
$1.30
5-Yr Avg Growth
—
Ex-Dividend Date
Nov 12, 2026
Years of Growth
0
Frequency
monthly
Beta
—
Market Cap
$379.7M
P/E Ratio
23.7
5-Yr Total Return
-15%
52-Week Range
$14.67 – $16.89
Dividend Safety
B · 73/100
Ever Cut?
No

SDHY dividend raises and cuts

PGIM Short Duration High Yield Opportunities Fund (SDHY) has raised its regular dividend 0 times and cut it 0 times across the 70 payments on record since 2021. The regular dividend has not changed in that time.

Every SDHY payment →Download every raise and cut (CSV)
SDHY ex-dividend date & scheduleNext ex-date Nov 12, 2026 · full ex-dividend historyView →SDHY dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is SDHY a good dividend stock?

Yes, with caveats. PGIM Short Duration High Yield Opportunities Fund (SDHY) pays a monthly dividend yielding 8.53% ($1.30/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Is SDHY undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, SDHY's fair value is about $23.96 versus a $15.39 share price — so it looks undervalued (+56% vs. fair value).

Is SDHY's dividend safe?

SDHY has a dividend-safety grade of B (73/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is SDHY's fair value?

Our blended fair-value estimate for SDHY is about $23.96 per share, roughly 56% above the current $15.39 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is SDHY a buy, hold, or sell?

We don't issue formal ratings, but on the data SDHY screens as "yes, with caveats" and undervalued. PGIM Short Duration High Yield Opportunities Fund (SDHY) pays a monthly dividend yielding 8.53% ($1.30/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will SDHY cut its dividend?

SDHY earns a dividend-safety grade of B (73/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does SDHY pay a dividend?

Yes. PGIM Short Duration High Yield Opportunities Fund pays a monthly dividend of about $1.30 per share annually, a forward yield of roughly 8.53%.

What is SDHY's dividend yield?

As of Oct 30, 2026, SDHY's forward dividend yield is 8.53%, based on a $1.30 annual dividend and a $15.39 share price.

What is SDHY's dividend per share?

As of Oct 30, 2026, SDHY pays $1.30 per share per year, distributed on a monthly basis.

What is SDHY's dividend payout ratio?

As of Oct 30, 2026, SDHY's payout ratio is 199% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

How many years has SDHY grown its dividend?

SDHY does not currently have a long dividend-growth streak on record.

When is the next SDHY ex-dividend date?

As of Oct 30, 2026, the next ex-dividend date on record for SDHY is Nov 12, 2026.

Income Calculator

At $1.30 / yr per share

Per payment (monthly)$10.83
Annual$130.00
Monthly avg$10.83

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