KKR Income Opportunities Fund (NYSE:KIO) to Issue Monthly Dividend of $0.12

KKR Income Opportunities Fund (NYSE:KIO) announced a monthly dividend on Tuesday, December 17th,NASDAQ Dividends reports. Investors of record on Friday, January 10th will be paid a dividend of 0.1215 per share by the investment management company on Friday, January 31st. This represents a $1.46 dividend on an annualized basis and a yield of 11.19%. The ex-dividend date is Friday, January 10th.

KKR Income Opportunities Fund has decreased its dividend by an average of 0.8% annually over the last three years.

KKR Income Opportunities Fund Trading Down 0.2 %

NYSE:KIO traded down $0.03 during trading hours on Thursday, reaching $13.03. 121,332 shares of the stock were exchanged, compared to its average volume of 129,723. KKR Income Opportunities Fund has a twelve month low of $12.30 and a twelve month high of $15.09. The firm has a 50 day moving average of $13.74 and a 200 day moving average of $14.01.

About KKR Income Opportunities Fund

KKR Income Opportunities Fund is a close ended fixed income mutual fund launched by Kohlberg Kravis Roberts & Co L.P. The fund is managed by KKR Asset Management LLC. It invests in fixed income markets and hedging markets across the globe. The fund primarily invests in first- and second-lien secured loans, unsecured loans and high yield corporate debt instruments.