Western Asset High Income Fund II (HIX) Getting Favorable Media Coverage, Study Finds
News articles about Western Asset High Income Fund II (NYSE:HIX) have trended positive on Saturday, Accern reports. Accern ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Western Asset High Income Fund II earned a news sentiment score of 0.36 on Accern’s scale. Accern also assigned headlines about the closed-end fund an impact score of 47.2345034999689 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Shares of Western Asset High Income Fund II (NYSE HIX) traded down $0.02 on Friday, hitting $6.66. 336,976 shares of the stock traded hands, compared to its average volume of 412,063. Western Asset High Income Fund II has a one year low of $5.97 and a one year high of $7.46.
The firm also recently declared a monthly dividend, which will be paid on Thursday, March 1st. Stockholders of record on Friday, February 16th will be paid a dividend of $0.046 per share. The ex-dividend date of this dividend is Thursday, February 15th. This represents a $0.55 annualized dividend and a dividend yield of 8.29%.
COPYRIGHT VIOLATION WARNING: “Western Asset High Income Fund II (HIX) Getting Favorable Media Coverage, Study Finds” was originally reported by Daily Political and is the sole property of of Daily Political. If you are reading this article on another site, it was copied illegally and republished in violation of international trademark & copyright law. The original version of this article can be accessed at https://www.dailypolitical.com/2018/02/10/western-asset-high-income-fund-ii-hix-getting-favorable-media-coverage-study-finds.html.
Western Asset High Income Fund II Inc (the Fund) is a diversified, closed-end management investment company. The Fund seeks to maximize current income by investing approximately 80% of its net assets, plus any borrowings for investment purposes, in high-yield debt securities. As a secondary objective, the Fund seeks capital appreciation to the extent consistent with its objective of seeking to maximize current income.
Receive News & Ratings for Western Asset High Income Fund II Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Western Asset High Income Fund II and related companies with MarketBeat.com's FREE daily email newsletter.