Western Asset High Income Fund II Inc. (NYSE:HIX – Get Free Report) declared a monthly dividend on Monday, February 23rd. Investors of record on Thursday, May 21st will be given a dividend of 0.049 per share by the closed-end fund on Friday, May 29th. This represents a c) dividend on an annualized basis and a yield of 14.1%. The ex-dividend date of this dividend is Thursday, May 21st.
Western Asset High Income Fund II Price Performance
Shares of NYSE HIX opened at $4.17 on Tuesday. The business’s 50 day moving average price is $4.19 and its two-hundred day moving average price is $4.24. Western Asset High Income Fund II has a twelve month low of $3.65 and a twelve month high of $4.42.
Western Asset High Income Fund II Company Profile
Western Asset High Income Fund II (NYSE: HIX) is a closed-end management investment company that seeks to provide high current income by investing primarily in below-investment-grade debt instruments. The fund pursues a diversified portfolio of high-yield corporate bonds, senior loans, mortgage- and asset-backed securities, and emerging-market debt, aiming to generate attractive yield while managing credit and interest rate risk.
The fund may employ leverage through borrowings and the issuance of preferred shares to enhance its income potential.
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