Western Asset High Income Fund II Inc. (NYSE:HIX) to Issue $0.05 Monthly Dividend

Posted by Micah Haroldson on Feb 24th, 2026

Western Asset High Income Fund II Inc. (NYSE:HIX – Get Free Report) announced a monthly dividend on Monday, February 23rd. Shareholders of record on Tuesday, March 24th will be paid a dividend of 0.049 per share by the closed-end fund on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a yield of 14.1%. The ex-dividend date of this dividend is Tuesday, March 24th.

Western Asset High Income Fund II Trading Down 0.4%

Shares of NYSE:HIX traded down $0.02 during trading on Monday, hitting $4.17. 223,381 shares of the company were exchanged, compared to its average volume of 322,817. The stock has a 50 day moving average of $4.19 and a 200 day moving average of $4.24. Western Asset High Income Fund II has a 52-week low of $3.65 and a 52-week high of $4.42.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Arax Advisory Partners purchased a new position in Western Asset High Income Fund II during the 4th quarter valued at about $37,000. Comerica Bank lifted its holdings in shares of Western Asset High Income Fund II by 134.1% in the first quarter. Comerica Bank now owns 9,369 shares of the closed-end fund’s stock worth $39,000 after buying an additional 5,367 shares in the last quarter. Williams Jones Wealth Management LLC. bought a new position in shares of Western Asset High Income Fund II in the fourth quarter valued at approximately $42,000. One Capital Management LLC purchased a new position in Western Asset High Income Fund II during the fourth quarter valued at approximately $43,000. Finally, Merit Financial Group LLC purchased a new position in Western Asset High Income Fund II during the third quarter valued at approximately $45,000.

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.