Western Asset High Income Opportunity Fund Inc. (NYSE:HIO – Get Free Report) announced a monthly dividend on Thursday, May 14th. Stockholders of record on Monday, August 24th will be paid a dividend of 0.0355 per share by the closed-end fund on Monday, August 31st. This represents a c) dividend on an annualized basis and a dividend yield of 11.8%. The ex-dividend date of this dividend is Monday, August 24th.
Western Asset High Income Opportunity Fund Trading Up 0.1%
Shares of Western Asset High Income Opportunity Fund stock opened at $3.63 on Friday. Western Asset High Income Opportunity Fund has a 12-month low of $3.52 and a 12-month high of $4.05. The business’s 50 day moving average is $3.66 and its 200-day moving average is $3.73.
About Western Asset High Income Opportunity Fund
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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