Western Asset High Income Opportunity Fund Inc. (NYSE:HIO – Get Free Report) 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 0.0355 per share by the closed-end fund on Monday, June 2nd. This represents a $0.43 annualized dividend and a dividend yield of 10.56%. The ex-dividend date is Thursday, May 22nd.
Western Asset High Income Opportunity Fund has increased its dividend payment by an average of 11.8% annually over the last three years.
Western Asset High Income Opportunity Fund Stock Down 0.1 %
Western Asset High Income Opportunity Fund stock opened at $4.04 on Friday. The business has a 50 day moving average price of $3.96 and a two-hundred day moving average price of $3.96. Western Asset High Income Opportunity Fund has a 12 month low of $3.69 and a 12 month high of $4.07.
Western Asset High Income Opportunity Fund Company Profile
Western Asset High Income Opportunity Fund Inc is a closed ended fixed-income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Western Asset Management Company and Western Asset Management Company Limited. The fund invests in the fixed income markets of the United States.
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