Western Asset High Income Opportunity Fund Inc. (NYSE:HIO – Get Free Report) announced a monthly dividend on Thursday, August 8th, Wall Street Journal reports. Shareholders of record on Thursday, October 24th will be paid a dividend of 0.0355 per share by the closed-end fund on Friday, November 1st. This represents a $0.43 dividend on an annualized basis and a yield of 10.68%. The ex-dividend date of this dividend is Thursday, October 24th.
Western Asset High Income Opportunity Fund has decreased its dividend by an average of 0.6% annually over the last three years.
Western Asset High Income Opportunity Fund Trading Down 0.5 %
NYSE HIO opened at $3.99 on Wednesday. The stock has a 50-day simple moving average of $3.98 and a two-hundred day simple moving average of $3.87. Western Asset High Income Opportunity Fund has a fifty-two week low of $3.52 and a fifty-two week high of $4.07.
About Western Asset High Income Opportunity Fund
Western Asset High Income Opportunity Fund Inc is a closed ended fixed-income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Western Asset Management Company and Western Asset Management Company Limited. The fund invests in the fixed income markets of the United States.
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