Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI) to Issue Dividend of $0.10

Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI) announced a dividend on Monday, March 24th, investing.com reports. Shareholders of record on Tuesday, March 25th will be given a dividend of 0.095 per share on Tuesday, April 1st. This represents a yield of 9.52%. The ex-dividend date is Monday, March 24th.

Western Asset High Yield Defined Opportunity Fund Price Performance

Shares of NYSE HYI traded down $0.08 during midday trading on Monday, hitting $11.90. 42,919 shares of the stock traded hands, compared to its average volume of 59,771. Western Asset High Yield Defined Opportunity Fund has a one year low of $11.38 and a one year high of $12.44. The firm has a 50-day moving average of $12.02 and a two-hundred day moving average of $12.09.

About Western Asset High Yield Defined Opportunity Fund

Western Asset High Yield Defined Opportunity Fund 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 Pte. Ltd., Western Asset Management Company Ltd and Western Asset Management Company Limited.