Western Asset High Income Opportunity Fund Inc. (NYSE:HIO – Get Free Report) declared a monthly dividend on Thursday, August 8th, Wall Street Journal reports. Stockholders of record on Thursday, October 24th will be paid a dividend of 0.0355 per share by the closed-end fund on Friday, November 1st. This represents a $0.43 dividend on an annualized basis and a dividend yield of 10.62%. The ex-dividend date is Thursday, October 24th.
Western Asset High Income Opportunity Fund has decreased its dividend payment by an average of 0.6% annually over the last three years.
Western Asset High Income Opportunity Fund Stock Performance
Shares of HIO stock opened at $4.01 on Tuesday. The business has a 50-day moving average of $3.98 and a 200 day moving average of $3.87. Western Asset High Income Opportunity Fund has a 1-year low of $3.52 and a 1-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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