Western Asset High Income Fund II Inc. (NYSE:HIX) Plans $0.05 Dividend

Western Asset High Income Fund II Inc. (NYSE:HIX) declared a dividend on Tuesday, June 17th, investing.com reports. Investors of record on Tuesday, June 24th will be given a dividend of 0.049 per share by the closed-end fund on Tuesday, July 1st. This represents a dividend yield of 13.84%. The ex-dividend date is Monday, June 23rd.

Western Asset High Income Fund II Stock Up 0.1%

HIX stock opened at $4.24 on Tuesday. Western Asset High Income Fund II has a 52 week low of $3.65 and a 52 week high of $4.54. The firm’s fifty day moving average is $4.11 and its 200 day moving average is $4.23.

Hedge Funds Weigh In On Western Asset High Income Fund II

A hedge fund recently raised its stake in Western Asset High Income Fund II stock. Comerica Bank lifted its holdings in shares of Western Asset High Income Fund II Inc. (NYSE:HIX) by 134.1% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 9,369 shares of the closed-end fund’s stock after purchasing an additional 5,367 shares during the period. Comerica Bank’s holdings in Western Asset High Income Fund II were worth $39,000 as of its most recent filing with the SEC.

About Western Asset High Income Fund II

Western Asset High Income Fund II Inc is a closed-ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed by Western Asset Management Company, Western Asset Management Company Limited, and Western Asset Management Company Pte. Ltd. It invests in the fixed income markets across the globe.