Ivy High Income Opportunities Fund Plans Monthly Dividend of $0.10 (NYSE:IVH)
Ivy High Income Opportunities Fund (NYSE:IVH) declared a monthly dividend on Thursday, January 2nd, Zacks reports. Shareholders of record on Thursday, January 16th will be paid a dividend of 0.10 per share on Friday, January 31st. This represents a $1.20 annualized dividend and a yield of 8.45%. The ex-dividend date of this dividend is Wednesday, January 15th.
Ivy High Income Opportunities Fund has decreased its dividend payment by an average of 7.2% per year over the last three years.
Shares of IVH opened at $14.20 on Tuesday. The company’s fifty day moving average is $13.69 and its two-hundred day moving average is $13.59. Ivy High Income Opportunities Fund has a 1 year low of $12.76 and a 1 year high of $14.20.
Ivy Funds – Ivy High Income Opportunities Fund is a closed ended fixed income mutual fund launched and managed by Ivy Investment Management Company. The fund invests in fixed income markets across the globe. It seeks to invest in securities of companies operating across diversified sectors. The fund primarily invests in high-yield corporate bonds of various maturities, secured loans, and other corporate fixed-income instruments, which are rated below investment grade (below Baa3 by Moody's or below BBB- by either S&P or Fitch).
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