KKR Income Opportunities Fund (NYSE:KIO) to Issue $0.12 Monthly Dividend

KKR Income Opportunities Fund (NYSE:KIO) declared a monthly dividend on Tuesday, March 18th, NASDAQ Dividends reports. Investors of record on Friday, April 11th will be given a dividend of 0.1215 per share by the investment management company on Wednesday, April 30th. This represents a $1.46 dividend on an annualized basis and a dividend yield of 11.89%. The ex-dividend date of this dividend is Friday, April 11th.

KKR Income Opportunities Fund has increased its dividend by an average of 5.0% annually over the last three years.

KKR Income Opportunities Fund Price Performance

KIO stock opened at $12.26 on Thursday. The firm has a fifty day moving average price of $12.72 and a 200 day moving average price of $13.52. KKR Income Opportunities Fund has a fifty-two week low of $12.12 and a fifty-two week high of $15.09.

About KKR Income Opportunities Fund

KKR Income Opportunities Fund is a close ended fixed income mutual fund launched by Kohlberg Kravis Roberts & Co L.P. The fund is managed by KKR Asset Management LLC. It invests in fixed income markets and hedging markets across the globe. The fund primarily invests in first- and second-lien secured loans, unsecured loans and high yield corporate debt instruments.