KKR Income Opportunities Fund (NYSE:KIO – Get Free Report) declared a monthly dividend on Wednesday, March 19th, Wall Street Journal reports. Shareholders of record on Friday, June 13th will be paid a dividend of 0.1215 per share by the investment management company on Monday, June 30th. This represents a $1.46 annualized dividend and a yield of 11.84%. The ex-dividend date of this dividend is Friday, June 13th.
KKR Income Opportunities Fund has raised its dividend payment by an average of 5.0% per year over the last three years.
KKR Income Opportunities Fund Stock Up 0.5 %
Shares of KIO stock opened at $12.32 on Friday. The stock’s 50-day moving average is $12.69 and its two-hundred day moving average is $13.52. KKR Income Opportunities Fund has a fifty-two week low of $12.12 and a fifty-two week high of $15.09.
About KKR Income Opportunities Fund
KKR Income Opportunities Fund is a close ended fixed income mutual fund launched by Kohlberg Kravis Roberts & Co L.P. The fund is managed by KKR Asset Management LLC. It invests in fixed income markets and hedging markets across the globe. The fund primarily invests in first- and second-lien secured loans, unsecured loans and high yield corporate debt instruments.
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