Western Asset High Income Opportunity Fund Inc. (NYSE:HIO – Get Free Report) announced a — dividend on Wednesday, November 20th,Wall Street Journal reports. Shareholders 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 yield of 10.8%. The ex-dividend date is Friday, February 21st.
Western Asset High Income Opportunity Fund has decreased its dividend by an average of 0.6% annually over the last three years.
Western Asset High Income Opportunity Fund Stock Performance
Shares of HIO traded down $0.01 during midday trading on Wednesday, hitting $3.96. 219,055 shares of the stock traded hands, compared to its average volume of 370,075. The business’s 50 day moving average price is $3.99 and its two-hundred day moving average price is $3.90. Western Asset High Income Opportunity Fund has a 1-year low of $3.69 and a 1-year high of $4.07.
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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