Media headlines about Western Asst High Incm Opprtnty Fnd (NYSE:HIO) have been trending positive this week, according to Accern Sentiment. The research group scores the sentiment of news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Western Asst High Incm Opprtnty Fnd earned a news sentiment score of 0.31 on Accern’s scale. Accern also gave headlines about the closed-end fund an impact score of 47.3111044770751 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Western Asst High Incm Opprtnty Fnd (NYSE HIO) remained flat at $$4.90 during mid-day trading on Wednesday. 142,788 shares of the stock were exchanged, compared to its average volume of 433,738. Western Asst High Incm Opprtnty Fnd has a 12-month low of $4.81 and a 12-month high of $5.25.
The firm also recently announced a monthly dividend, which will be paid on Monday, April 2nd. Stockholders of record on Friday, March 23rd will be issued a $0.0265 dividend. The ex-dividend date of this dividend is Thursday, March 22nd. This represents a $0.32 dividend on an annualized basis and a dividend yield of 6.49%.
Western Asst High Incm Opprtnty Fnd Company Profile
Western Asset High Income Opportunity Fund Inc is a diversified, closed-end management investment company. The Fund seeks high current income. Capital appreciation is a secondary objective. It invests, under normal market conditions, approximately 80% of its net assets in high-yield securities and over 20% in common stock equivalents, including options, warrants and rights.
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