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

KKR Income Opportunities Fund (NYSE:KIO) declared a monthly dividend on Tuesday, March 18th, NASDAQ Dividends reports. Stockholders of record on Friday, April 11th will be given a dividend of 0.1215 per share by the investment management company on Wednesday, April 30th. This represents a $1.46 dividend on an annualized basis and a dividend yield of 11.89%. The ex-dividend date is Friday, April 11th.

KKR Income Opportunities Fund has increased its dividend by an average of 5.0% per year over the last three years.

KKR Income Opportunities Fund Trading Up 0.7 %

Shares of NYSE KIO traded up $0.08 during mid-day trading on Wednesday, reaching $12.26. The company had a trading volume of 169,238 shares, compared to its average volume of 154,334. KKR Income Opportunities Fund has a twelve month low of $12.12 and a twelve month high of $15.09. The stock’s 50 day moving average is $12.75 and its 200-day moving average is $13.53.

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.