Western Asset High Income Opportunity Fund Inc. (NYSE:HIO – Get Free Report) announced a dividend on Monday, March 24th, investing.com reports. Shareholders of record on Tuesday, March 25th will be paid a dividend of 0.0355 per share by the closed-end fund on Tuesday, April 1st. This represents a yield of 10.47%. The ex-dividend date is Monday, March 24th.
Western Asset High Income Opportunity Fund has raised its dividend by an average of 11.8% annually over the last three years.
Western Asset High Income Opportunity Fund Stock Performance
Shares of HIO opened at $4.03 on Wednesday. The stock’s 50-day moving average price is $4.01 and its two-hundred day moving average price is $3.99. Western Asset High Income Opportunity Fund has a 1 year low of $3.69 and a 1 year high of $4.15.
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.
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