Western Asst High Incm Opprtnty Fnd Inc. (HIO) to Issue Monthly Dividend of $0.03 on December 3rd
Western Asst High Incm Opprtnty Fnd Inc. (NYSE:HIO) announced a monthly dividend on Tuesday, August 21st, Wall Street Journal reports. Shareholders of record on Friday, November 23rd will be paid a dividend of 0.0265 per share by the closed-end fund on Monday, December 3rd. This represents a $0.32 annualized dividend and a yield of 7.05%. The ex-dividend date is Wednesday, November 21st.
Western Asst High Incm Opprtnty Fnd has decreased its dividend payment by an average of 6.2% per year over the last three years.
Shares of NYSE:HIO opened at $4.51 on Tuesday. Western Asst High Incm Opprtnty Fnd has a 52 week low of $4.51 and a 52 week high of $5.13.
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About Western Asst High Incm Opprtnty Fnd
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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