Western Asset High Income Opportunity Fund Inc. (NYSE:HIO) to Issue $0.04 Monthly Dividend

Western Asset High Income Opportunity Fund Inc. (NYSE:HIO) announced a monthly dividend on Thursday, November 20th. Investors of record on Tuesday, December 23rd will be paid a dividend of 0.0355 per share by the closed-end fund on Wednesday, December 31st. This represents a c) annualized dividend and a yield of 11.5%. The ex-dividend date is Tuesday, December 23rd.

Western Asset High Income Opportunity Fund Trading Down 1.7%

NYSE HIO traded down $0.07 during trading on Thursday, reaching $3.71. 615,419 shares of the company’s stock were exchanged, compared to its average volume of 430,062. Western Asset High Income Opportunity Fund has a fifty-two week low of $3.36 and a fifty-two week high of $4.15. The company’s fifty day simple moving average is $3.86 and its 200-day simple moving average is $3.91.

Western Asset High Income Opportunity Fund Company Profile

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.