Western Asst High Incm Opprtnty Fnd Inc. (HIO) Plans Monthly Dividend of $0.03
Western Asst High Incm Opprtnty Fnd Inc. (NYSE:HIO) declared a monthly dividend on Tuesday, November 14th, Wall Street Journal reports. Stockholders of record on Friday, January 19th will be paid a dividend of 0.0275 per share by the closed-end fund on Thursday, February 1st. This represents a $0.33 dividend on an annualized basis and a dividend yield of 6.48%. The ex-dividend date of this dividend is Thursday, January 18th.
Western Asst High Incm Opprtnty Fnd has decreased its dividend by an average of 6.2% per year over the last three years.
Western Asst High Incm Opprtnty Fnd (NYSE HIO) opened at $5.09 on Friday. Western Asst High Incm Opprtnty Fnd has a 52-week low of $4.87 and a 52-week high of $5.25.
Western Asset High Income Opportunity Fund Inc is a diversified, closed-end management investment company. The Fund seeks high current income. Capital appreciation is a secondary objective. It invests, under normal market conditions, approximately 80% of its net assets in high-yield securities and over 20% in common stock equivalents, including options, warrants and rights.
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