Western Asset High Income Opportunity Fund Inc. (NYSE:HIO – Get Free Report) announced a monthly dividend on Thursday, May 14th. Investors of record on Friday, July 24th will be paid a dividend of 0.0355 per share by the closed-end fund on Friday, July 31st. This represents a c) annualized dividend and a dividend yield of 11.8%. The ex-dividend date of this dividend is Friday, July 24th.
Western Asset High Income Opportunity Fund Stock Performance
Shares of HIO traded up $0.01 during trading hours on Thursday, hitting $3.63. The stock had a trading volume of 163,531 shares, compared to its average volume of 383,654. Western Asset High Income Opportunity Fund has a 12 month low of $3.52 and a 12 month high of $4.05. The stock has a fifty day moving average price of $3.67 and a 200 day moving average price of $3.73.
Western Asset High Income Opportunity Fund Company Profile
Western Asset High Income Opportunity Fund Inc (NYSE: HIO) is a diversified closed-end management investment company that seeks to provide high current income and capital appreciation by investing primarily in high-yield and other fixed-income securities. The Fund’s portfolio is actively managed by Western Asset Management Company, an affiliate of Franklin Templeton, and may include below-investment-grade corporate debt, emerging-market sovereign and corporate bonds, bank loans, mortgage- and asset-backed securities.
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