KKR Income Opportunities Fund (NYSE:KIO) announced a monthly dividend on Friday, April 17th, Wall Street Journal reports. Investors of record on Friday, July 10th will be given a dividend of 0.125 per share by the investment management company on Friday, July 31st. This represents a $1.50 dividend on an annualized basis and a yield of 11.88%. The ex-dividend date of this dividend is Thursday, July 9th.
NYSE KIO opened at $12.63 on Tuesday. The business has a fifty day simple moving average of $12.01 and a 200 day simple moving average of $13.27. KKR Income Opportunities Fund has a 12 month low of $8.36 and a 12 month high of $16.38.
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.
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