KKR Income Opportunities Fund (KIO) To Go Ex-Dividend on March 14th

KKR Income Opportunities Fund (NYSE:KIO) announced a monthly dividend on Wednesday, December 18th, Wall Street Journal reports. Investors of record on Friday, March 14th will be given a dividend of 0.1215 per share by the investment management company on Monday, March 31st. This represents a $1.46 annualized dividend and a yield of 11.93%. The ex-dividend date is Friday, March 14th.

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 Down 0.2 %

Shares of NYSE KIO opened at $12.22 on Wednesday. KKR Income Opportunities Fund has a fifty-two week low of $12.21 and a fifty-two week high of $15.09. The business has a fifty day moving average price of $12.87 and a two-hundred day moving average price of $13.61.

KKR Income Opportunities Fund Company Profile

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.