Western Asset High Income Opportunity Fund Inc. (NYSE:HIO) to Issue Monthly Dividend of $0.04

Western Asset High Income Opportunity Fund Inc. (NYSE:HIO) announced a monthly dividend on Monday, February 23rd. Investors of record on Thursday, April 23rd will be paid a dividend of 0.0355 per share by the closed-end fund on Thursday, April 30th. This represents a c) annualized dividend and a yield of 11.3%. The ex-dividend date is Thursday, April 23rd.

Western Asset High Income Opportunity Fund Stock Performance

NYSE:HIO traded down $0.02 during trading hours on Monday, reaching $3.78. 368,970 shares of the company were exchanged, compared to its average volume of 431,139. Western Asset High Income Opportunity Fund has a twelve month low of $3.36 and a twelve month high of $4.15. The stock’s 50-day moving average is $3.75 and its 200-day moving average is $3.82.

Western Asset High Income Opportunity Fund Company Profile

Western Asset High Income Opportunity Fund Inc (NYSE: HIO) is a diversified closed-end management investment company that seeks to provide high current income and capital appreciation by investing primarily in high-yield and other fixed-income securities. The Fund’s portfolio is actively managed by Western Asset Management Company, an affiliate of Franklin Templeton, and may include below-investment-grade corporate debt, emerging-market sovereign and corporate bonds, bank loans, mortgage- and asset-backed securities.