KKR Income Opportunities Fund (NYSE:KIO – Get Free Report) announced a monthly dividend on Thursday, March 20th, Wall Street Journal reports. Stockholders of record on Friday, June 13th will be paid a dividend of 0.1215 per share by the investment management company on Monday, June 30th. This represents a $1.46 dividend on an annualized basis and a dividend yield of 11.82%. The ex-dividend date is Friday, June 13th.
KKR Income Opportunities Fund has raised its dividend by an average of 5.0% per year over the last three years.
KKR Income Opportunities Fund Stock Up 0.2 %
Shares of NYSE KIO opened at $12.34 on Friday. KKR Income Opportunities Fund has a 12 month low of $12.12 and a 12 month high of $15.09. The business has a fifty day simple moving average of $12.67 and a 200-day simple moving average of $13.50.
KKR Income Opportunities Fund Company Profile
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.
Featured Articles
- Five stocks we like better than KKR Income Opportunities Fund
- What Is WallStreetBets and What Stocks Are They Targeting?
- MarketBeat Week in Review – 03/17 – 03/21
- 3 Stocks to Protect Your Portfolio from the Coronavirus Contagion
- FedEx Delivers Another Crushing Blow to Its Stock Price
- The Significance of a Trillion-Dollar Market Cap Goes Beyond a Number
- Analysts Stay Bullish on Rocket Lab as Signs of a Bottom Emerge
Receive News & Ratings for KKR Income Opportunities Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KKR Income Opportunities Fund and related companies with MarketBeat.com's FREE daily email newsletter.