Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI) Declares $0.10 Monthly Dividend

Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI) declared a monthly dividend on Thursday, February 20th, Wall Street Journal reports. Shareholders of record on Thursday, May 22nd will be paid a dividend of 0.095 per share on Monday, June 2nd. This represents a $1.14 dividend on an annualized basis and a dividend yield of 9.34%. The ex-dividend date is Thursday, May 22nd.

Western Asset High Yield Defined Opportunity Fund Stock Performance

Shares of HYI traded up $0.04 during mid-day trading on Thursday, reaching $12.21. The company had a trading volume of 75,139 shares, compared to its average volume of 47,895. Western Asset High Yield Defined Opportunity Fund has a 52 week low of $11.38 and a 52 week high of $12.44. The firm has a 50-day moving average price of $12.01 and a 200 day moving average price of $12.10.

About Western Asset High Yield Defined Opportunity Fund

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.