Western Asset High Income Fund II Inc. (HIX) to Issue Monthly Dividend of $0.05 on May 29th

Western Asset High Income Fund II Inc. (NYSE:HIXGet Free Report) declared a monthly dividend on Monday, February 23rd. Investors of record on Thursday, May 21st will be paid a dividend of 0.049 per share by the closed-end fund on Friday, May 29th. This represents a c) annualized dividend and a yield of 14.1%. The ex-dividend date of this dividend is Thursday, May 21st.

Western Asset High Income Fund II Trading Up 0.4%

Shares of Western Asset High Income Fund II stock opened at $4.18 on Wednesday. Western Asset High Income Fund II has a 52 week low of $3.65 and a 52 week high of $4.42. The company’s 50-day moving average price is $4.19 and its two-hundred day moving average price is $4.24.

About Western Asset High Income Fund II

(Get Free Report)

Western Asset High Income Fund II (NYSE: HIX) is a closed-end management investment company that seeks to provide high current income by investing primarily in below-investment-grade debt instruments. The fund pursues a diversified portfolio of high-yield corporate bonds, senior loans, mortgage- and asset-backed securities, and emerging-market debt, aiming to generate attractive yield while managing credit and interest rate risk.

The fund may employ leverage through borrowings and the issuance of preferred shares to enhance its income potential.

See Also

Dividend History for Western Asset High Income Fund II (NYSE:HIX)

Receive News & Ratings for Western Asset High Income Fund II Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Western Asset High Income Fund II and related companies with MarketBeat.com's FREE daily email newsletter.