KKR Income Opportunities Fund Plans Monthly Dividend of $0.13 (KIO)
KKR Income Opportunities Fund (NYSE:KIO) declared a monthly dividend on Friday, July 28th, Wall Street Journal reports. Investors of record on Monday, August 14th will be given a dividend of 0.125 per share by the investment management company on Thursday, August 31st. This represents a $1.50 annualized dividend and a dividend yield of 8.51%. The ex-dividend date is Thursday, August 10th.
KKR Income Opportunities Fund has raised its dividend by an average of 58.7% annually over the last three years.
KKR Income Opportunities Fund (KIO) opened at 17.62 on Wednesday. KKR Income Opportunities Fund has a 1-year low of $14.63 and a 1-year high of $17.96. The company has a 50 day moving average of $17.61 and a 200 day moving average of $17.22.
About KKR Income Opportunities Fund
KKR Income Opportunities Fund (the Fund) is a closed-end management investment company. The Fund’s investment objective is to seek a high level of current income with a secondary objective of capital appreciation. It seeks to achieve its investment objectives by employing a dynamic strategy of investing in a targeted portfolio of loans and fixed-income instruments of the United States and the non-United States issuers, and implementing hedging strategies in order to seek to achieve attractive risk-adjusted returns.
Receive News & Ratings for KKR Income Opportunities Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KKR Income Opportunities Fund and related companies with MarketBeat.com's FREE daily email newsletter.