Western Asset High Income Opportunity Fund Inc. (NYSE:HIO – Get Free Report) announced a monthly dividend on Friday, August 9th,Wall Street Journal reports. Stockholders of record on Thursday, November 21st will be paid a dividend of 0.0355 per share by the closed-end fund on Monday, December 2nd. This represents a $0.43 dividend on an annualized basis and a dividend yield of 10.90%. The ex-dividend date is Thursday, November 21st.
Western Asset High Income Opportunity Fund has decreased its dividend by an average of 0.6% annually over the last three years.
Western Asset High Income Opportunity Fund Trading Up 1.3 %
Shares of Western Asset High Income Opportunity Fund stock opened at $3.91 on Tuesday. The business’s 50 day simple moving average is $3.99 and its 200-day simple moving average is $3.90. Western Asset High Income Opportunity Fund has a twelve month low of $3.69 and a twelve month high of $4.07.
About Western Asset High Income Opportunity Fund
Western Asset High Income Opportunity Fund Inc is a closed ended fixed-income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Western Asset Management Company and Western Asset Management Company Limited. The fund invests in the fixed income markets of the United States.
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