Western Asset High Income Opportunity Fund Inc. (HIO) to Issue Monthly Dividend of $0.04 on July 31st

Western Asset High Income Opportunity Fund Inc. (NYSE:HIO) announced a monthly dividend on Thursday, May 14th. Stockholders of record on Friday, July 24th will be paid a dividend of 0.0355 per share by the closed-end fund on Friday, July 31st. This represents a c) dividend on an annualized basis and a dividend yield of 11.9%. The ex-dividend date is Friday, July 24th.

Western Asset High Income Opportunity Fund Trading Down 1.2%

Shares of NYSE HIO opened at $3.58 on Friday. Western Asset High Income Opportunity Fund has a twelve month low of $3.52 and a twelve month high of $4.05. The business has a 50 day simple moving average of $3.66 and a 200-day simple moving average of $3.73.

About Western Asset High Income Opportunity Fund

Western Asset High Income Opportunity Fund Inc (NYSE: HIO) is a diversified closed-end management investment company that seeks to provide high current income and capital appreciation by investing primarily in high-yield and other fixed-income securities. The Fund’s portfolio is actively managed by Western Asset Management Company, an affiliate of Franklin Templeton, and may include below-investment-grade corporate debt, emerging-market sovereign and corporate bonds, bank loans, mortgage- and asset-backed securities.