Western Asset High Income Fund II Inc. (NYSE:HIX – Get Free Report) declared a monthly dividend on Thursday, May 14th. Investors of record on Tuesday, June 23rd will be paid a dividend of 0.049 per share by the closed-end fund on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 14.9%. The ex-dividend date of this dividend is Tuesday, June 23rd.
Western Asset High Income Fund II Stock Performance
Shares of HIX stock traded down $0.02 during trading on Thursday, reaching $3.96. The company’s stock had a trading volume of 415,595 shares, compared to its average volume of 349,154. The business has a fifty day moving average price of $3.97 and a 200-day moving average price of $4.12. Western Asset High Income Fund II has a one year low of $3.75 and a one year high of $4.40.
About Western Asset High Income Fund II
Western Asset High Income Fund II (NYSE: HIX) is a closed-end management investment company that seeks to provide high current income by investing primarily in below-investment-grade debt instruments. The fund pursues a diversified portfolio of high-yield corporate bonds, senior loans, mortgage- and asset-backed securities, and emerging-market debt, aiming to generate attractive yield while managing credit and interest rate risk.
The fund may employ leverage through borrowings and the issuance of preferred shares to enhance its income potential.
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