Western Asset High Income Opportunity Fund Inc. (NYSE:HIO – Get Free Report) announced a dividend on Monday, March 24th, investing.com reports. Investors of record on Tuesday, March 25th will be given a dividend of 0.0355 per share by the closed-end fund on Tuesday, April 1st. This represents a yield of 10.47%. The ex-dividend date of this dividend is Monday, March 24th.
Western Asset High Income Opportunity Fund has increased its dividend payment by an average of 11.8% annually over the last three years.
Western Asset High Income Opportunity Fund Stock Down 0.4 %
NYSE HIO opened at $4.06 on Tuesday. Western Asset High Income Opportunity Fund has a 1-year low of $3.69 and a 1-year high of $4.15. The stock’s 50 day moving average is $4.00 and its two-hundred day moving average is $3.99.
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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