Western Asset High Income Opportunity Fund Inc. (NYSE:HIO – Get Free Report) announced a monthly dividend on Monday, February 23rd. Investors of record on Tuesday, March 24th will be paid a dividend of 0.0355 per share by the closed-end fund on Tuesday, March 31st. This represents a c) annualized dividend and a yield of 11.3%. The ex-dividend date of this dividend is Tuesday, March 24th.
Western Asset High Income Opportunity Fund Trading Down 0.4%
NYSE HIO opened at $3.78 on Tuesday. The firm has a 50 day moving average of $3.75 and a two-hundred day moving average of $3.82. Western Asset High Income Opportunity Fund has a 52 week low of $3.36 and a 52 week high of $4.15.
About Western Asset High Income Opportunity Fund
Western Asset High Income Opportunity Fund Inc (NYSE: HIO) is a diversified closed-end management investment company that seeks to provide high current income and capital appreciation by investing primarily in high-yield and other fixed-income securities. The Fund’s portfolio is actively managed by Western Asset Management Company, an affiliate of Franklin Templeton, and may include below-investment-grade corporate debt, emerging-market sovereign and corporate bonds, bank loans, mortgage- and asset-backed securities.
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