Western Asset High Income Opportunity Fund Inc. (NYSE:HIO) Announces Monthly Dividend of $0.04
by Teresa Graham · The Cerbat GemWestern Asset High Income Opportunity Fund Inc. (NYSE:HIO – Get Free Report) declared a monthly dividend on Wednesday, August 5th. Investors of record on Wednesday, September 23rd will be paid a dividend of 0.0355 per share by the closed-end fund on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 12.0%. The ex-dividend date of this dividend is Wednesday, September 23rd.
Western Asset High Income Opportunity Fund Stock Up 0.1%
HIO stock opened at $3.56 on Thursday. The business has a 50-day simple moving average of $3.61 and a 200 day simple moving average of $3.66. Western Asset High Income Opportunity Fund has a 52 week low of $3.47 and a 52 week high of $4.05.
About Western Asset High Income Opportunity Fund
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.
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