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

KKR Income Opportunities Fund (NYSE:KIO) announced a monthly dividend on Tuesday, March 10th. Investors of record on Friday, June 12th will be paid a dividend of 0.1215 per share by the investment management company on Tuesday, June 30th. This represents a c) annualized dividend and a yield of 13.1%. The ex-dividend date of this dividend is Friday, June 12th.

KKR Income Opportunities Fund Stock Down 0.5%

KKR Income Opportunities Fund stock traded down $0.06 during mid-day trading on Wednesday, hitting $11.12. 258,325 shares of the company’s stock traded hands, compared to its average volume of 292,689. The firm has a 50 day moving average price of $11.58 and a 200 day moving average price of $11.89. KKR Income Opportunities Fund has a one year low of $10.69 and a one year 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.