Western Asset High Income Opportunity Fund Inc. (NYSE:HIO – Get Free Report) announced a monthly dividend on Wednesday, August 5th. Investors of record on Friday, October 23rd will be given a dividend of 0.0355 per share by the closed-end fund on Friday, October 30th. This represents a c) dividend on an annualized basis and a yield of 12.0%. The ex-dividend date is Friday, October 23rd.
Western Asset High Income Opportunity Fund Stock Performance
Shares of HIO stock opened at $3.56 on Thursday. The company has a 50 day moving average of $3.61 and a 200-day moving average of $3.66. Western Asset High Income Opportunity Fund has a 12-month low of $3.47 and a 12-month high of $4.05.
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.
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