Western Asset High Income Opportunity Fund Inc. (NYSE:HIO – Get Free Report) announced a monthly dividend on Wednesday, February 19th, NASDAQ Dividends reports. Stockholders of record on Monday, March 24th will be given a dividend of 0.0355 per share by the closed-end fund on Tuesday, April 1st. This represents a $0.43 dividend on an annualized basis and a dividend yield of 10.48%. The ex-dividend date of this dividend is Monday, March 24th.
Western Asset High Income Opportunity Fund has raised its dividend payment by an average of 11.8% per year over the last three years.
Western Asset High Income Opportunity Fund Trading Up 0.4 %
Shares of HIO opened at $4.07 on Friday. Western Asset High Income Opportunity Fund has a 52 week low of $3.69 and a 52 week high of $4.15. The firm’s 50-day simple moving average is $4.00 and its 200 day simple moving average is $3.99.
About Western Asset High Income Opportunity Fund
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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