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

Western Asset High Income Fund II Inc. (NYSE:HIX) announced a monthly dividend on Thursday, November 20th. Investors of record on Tuesday, December 23rd will be paid a dividend of 0.049 per share by the closed-end fund on Wednesday, December 31st. This represents a c) annualized dividend and a dividend yield of 14.3%. The ex-dividend date of this dividend is Tuesday, December 23rd.

Western Asset High Income Fund II Trading Down 2.1%

HIX traded down $0.09 during midday trading on Thursday, hitting $4.11. The company had a trading volume of 417,906 shares, compared to its average volume of 370,177. The stock’s 50 day moving average price is $4.29 and its 200 day moving average price is $4.26. Western Asset High Income Fund II has a 52 week low of $3.65 and a 52 week high of $4.54.

About Western Asset High Income Fund II

Western Asset High Income Fund II Inc is a closed-ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed by Western Asset Management Company, Western Asset Management Company Limited, and Western Asset Management Company Pte. Ltd. It invests in the fixed income markets across the globe.