Western Asset High Income Opportunity Fund Inc. (NYSE:HIO – Get Free Report) announced a — dividend on Thursday, November 21st,Wall Street Journal reports. Stockholders of record on Friday, February 21st will be given 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 of this dividend is Friday, February 21st.
Western Asset High Income Opportunity Fund has increased its dividend by an average of 11.8% annually over the last three years.
Western Asset High Income Opportunity Fund Stock Up 1.1 %
Shares of Western Asset High Income Opportunity Fund stock opened at $4.03 on Wednesday. Western Asset High Income Opportunity Fund has a one year low of $3.69 and a one year high of $4.07. The business’s 50 day simple moving average is $3.96 and its two-hundred day simple moving average is $3.96.
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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