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

Western Asset High Income Fund II Inc. (NYSE:HIX) declared a monthly dividend on Thursday, February 20th, Wall Street Journal reports. Stockholders of record on Thursday, May 22nd will be given a dividend of 0.049 per share by the closed-end fund on Monday, June 2nd. This represents a $0.59 dividend on an annualized basis and a dividend yield of 13.35%. The ex-dividend date is Thursday, May 22nd.

Western Asset High Income Fund II has increased its dividend by an average of 5.2% per year over the last three years.

Western Asset High Income Fund II Stock Performance

Western Asset High Income Fund II stock traded down $0.01 during midday trading on Thursday, hitting $4.41. 244,131 shares of the stock were exchanged, compared to its average volume of 432,257. Western Asset High Income Fund II has a 1 year low of $4.15 and a 1 year high of $4.57. The company has a 50 day moving average price of $4.30 and a two-hundred day moving average price of $4.38.

About Western Asset High Income Fund II

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.