Western Asset High Income Fund II Inc. (NYSE:HIX – Get Free Report) declared a monthly dividend on Wednesday, August 5th. Investors of record on Wednesday, September 23rd will be given a dividend of 0.049 per share by the closed-end fund on Wednesday, September 30th. This represents a c) annualized dividend and a yield of 15.0%. The ex-dividend date of this dividend is Wednesday, September 23rd.
Western Asset High Income Fund II Stock Performance
NYSE HIX opened at $3.92 on Friday. Western Asset High Income Fund II has a fifty-two week low of $3.75 and a fifty-two week high of $4.40. The business has a 50 day moving average price of $3.95 and a two-hundred day moving average price of $4.02.
About Western Asset High Income Fund II
Western Asset High Income Fund II (NYSE: HIX) is a closed-end management investment company that seeks to provide high current income by investing primarily in below-investment-grade debt instruments. The fund pursues a diversified portfolio of high-yield corporate bonds, senior loans, mortgage- and asset-backed securities, and emerging-market debt, aiming to generate attractive yield while managing credit and interest rate risk.
The fund may employ leverage through borrowings and the issuance of preferred shares to enhance its income potential.
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