Western Asst High Incm Opprtnty Fnd Inc. Plans Monthly Dividend of $0.03 (NYSE:HIO)

Western Asst High Incm Opprtnty Fnd Inc. (NYSE:HIO) declared a monthly dividend on Thursday, May 18th, Wall Street Journal reports. Stockholders of record on Friday, July 21st will be given a dividend of 0.03 per share by the closed-end fund on Tuesday, August 1st. This represents a $0.36 dividend on an annualized basis and a dividend yield of 6.96%. The ex-dividend date is Wednesday, July 19th.

Western Asst High Incm Opprtnty Fnd has decreased its dividend payment by an average of 3.4% per year over the last three years.

Western Asst High Incm Opprtnty Fnd (HIO) traded up 0.19% on Tuesday, hitting $5.17. The stock had a trading volume of 344,110 shares. Western Asst High Incm Opprtnty Fnd has a 1-year low of $4.68 and a 1-year high of $5.25. The company has a 50-day moving average price of $5.12 and a 200-day moving average price of $5.13.

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Western Asst High Incm Opprtnty Fnd Company Profile

Western Asset High Income Opportunity Fund Inc is a diversified, closed-end management investment company. The Fund seeks high current income. Capital appreciation is a secondary objective. It invests, under normal market conditions, approximately 80% of its net assets in high-yield securities and over 20% in common stock equivalents, including options, warrants and rights.

Dividend History for Western Asst High Incm Opprtnty Fnd (NYSE:HIO)

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