KKR Income Opportunities Fund (NYSE:KIO) Declares $0.12 Monthly Dividend

KKR Income Opportunities Fund (NYSE:KIO) declared a monthly dividend on Wednesday, December 18th,Wall Street Journal reports. Stockholders of record on Friday, March 14th will be given a dividend of 0.1215 per share by the investment management company on Monday, March 31st. This represents a $1.46 dividend on an annualized basis and a dividend yield of 11.16%. The ex-dividend date of this dividend is Friday, March 14th.

KKR Income Opportunities Fund has decreased its dividend payment by an average of 0.8% annually over the last three years.

KKR Income Opportunities Fund Stock Performance

Shares of NYSE:KIO opened at $13.06 on Thursday. KKR Income Opportunities Fund has a 52-week low of $12.30 and a 52-week high of $15.09. The stock’s fifty day simple moving average is $13.74 and its 200-day simple moving average is $14.01.

KKR Income Opportunities Fund Company Profile

KKR Income Opportunities Fund is a close ended fixed income mutual fund launched by Kohlberg Kravis Roberts & Co L.P. The fund is managed by KKR Asset Management LLC. It invests in fixed income markets and hedging markets across the globe. The fund primarily invests in first- and second-lien secured loans, unsecured loans and high yield corporate debt instruments.