Western Asset High Yield Defined Opportunity Fund Inc. to Issue — Dividend of $0.10 (NYSE:HYI)

Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI) declared a — dividend on Wednesday, November 20th,Wall Street Journal reports. Shareholders of record on Friday, February 21st will be paid a dividend of 0.095 per share on Monday, March 3rd. This represents a yield of 9.4%. The ex-dividend date is Friday, February 21st.

Western Asset High Yield Defined Opportunity Fund Stock Performance

Shares of Western Asset High Yield Defined Opportunity Fund stock remained flat at $12.09 on Wednesday. 40,508 shares of the company’s stock traded hands, compared to its average volume of 57,671. The firm has a 50 day moving average price of $12.22 and a 200-day moving average price of $11.91. Western Asset High Yield Defined Opportunity Fund has a 52 week low of $11.34 and a 52 week high of $12.44.

About Western Asset High Yield Defined Opportunity Fund

Western Asset High Yield Defined Opportunity Fund Inc is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed by Western Asset Management Company, Western Asset Management Company Pte. Ltd., Western Asset Management Company Ltd and Western Asset Management Company Limited.