Western Asset High Income Opportunity Fund Inc. (NYSE:HIO – Get Free Report) declared a — dividend on Wednesday, November 20th,Wall Street Journal reports. Stockholders of record on Friday, February 21st will be paid a dividend of 0.0355 per share by the closed-end fund on Monday, March 3rd. This represents a dividend yield of 10.8%. The ex-dividend date is Friday, February 21st.
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 Performance
Shares of HIO stock opened at $4.03 on Wednesday. The firm’s 50 day moving average price is $3.96 and its 200-day moving average price is $3.96. Western Asset High Income Opportunity Fund has a one year low of $3.69 and a one year high of $4.07.
Western Asset High Income Opportunity Fund Company Profile
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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