KKR Income Opportunities Fund to Issue Monthly Dividend of $0.12 (NYSE:KIO)

KKR Income Opportunities Fund (NYSE:KIO) announced a monthly dividend on Tuesday, March 10th. Investors of record on Friday, May 8th will be given a dividend of 0.1215 per share by the investment management company on Friday, May 29th. This represents a c) annualized dividend and a dividend yield of 13.1%. The ex-dividend date of this dividend is Friday, May 8th.

KKR Income Opportunities Fund Stock Performance

KKR Income Opportunities Fund stock traded down $0.08 during trading on Wednesday, reaching $11.11. 209,434 shares of the company were exchanged, compared to its average volume of 291,386. The stock’s 50 day simple moving average is $11.58 and its two-hundred day simple moving average is $11.89. KKR Income Opportunities Fund has a 52-week low of $10.69 and a 52-week high of $12.83.

About KKR Income Opportunities Fund

KKR Income Opportunities Fund (NYSE: KIO) is a diversified, closed-end management investment company that seeks to provide attractive current income and capital appreciation by investing primarily in corporate credit instruments. Managed by KKR Income Opportunities Advisors, LLC, the fund leverages the global credit platform of KKR & Co Inc, deploying capital across a broad spectrum of debt securities—including broadly syndicated loans, high-yield bonds, convertible bonds, private credit, and other credit-related instruments.

Since its initial public offering in June 2018, the fund has pursued a flexible, research-driven strategy designed to capture opportunities across credit markets.