Western Asset High Income Fund II Inc. (NYSE:HIX) Plans $0.05 Monthly Dividend

Western Asset High Income Fund II Inc. (NYSE:HIX) declared a monthly dividend on Friday, May 24th, Wall Street Journal reports. Stockholders of record on Wednesday, July 24th will be paid a dividend of 0.049 per share by the closed-end fund on Thursday, August 1st. This represents a $0.59 annualized dividend and a dividend yield of 13.33%. The ex-dividend date is Wednesday, July 24th.

Western Asset High Income Fund II has raised its dividend by an average of 0.1% per year over the last three years.

Western Asset High Income Fund II Stock Performance

Shares of NYSE HIX opened at $4.41 on Friday. Western Asset High Income Fund II has a fifty-two week low of $4.16 and a fifty-two week high of $5.07. The business has a 50-day moving average of $4.41 and a 200-day moving average of $4.56.

Western Asset High Income Fund II Company Profile

Western Asset High Income Fund II Inc is a closed-ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed by Western Asset Management Company, Western Asset Management Company Limited, and Western Asset Management Company Pte. Ltd. It invests in the fixed income markets across the globe.