Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI) to Issue — Dividend of $0.10

Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI) announced a — dividend on Thursday, November 21st,Wall Street Journal reports. Shareholders of record on Friday, February 21st will be paid a dividend of 0.095 per share on Monday, March 3rd. This represents a yield of 9.4%. The ex-dividend date is Friday, February 21st.

Western Asset High Yield Defined Opportunity Fund Price Performance

Shares of NYSE:HYI opened at $12.09 on Thursday. Western Asset High Yield Defined Opportunity Fund has a 52 week low of $11.34 and a 52 week high of $12.44. The firm has a fifty day simple moving average of $12.22 and a two-hundred day simple moving average of $11.91.

Western Asset High Yield Defined Opportunity Fund Company Profile

Western Asset High Yield Defined Opportunity Fund 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 Pte. Ltd., Western Asset Management Company Ltd and Western Asset Management Company Limited.