Western Asset High Income Opportunity Fund Inc. (NYSE:HIO – Get Free Report) announced a monthly dividend on Tuesday, August 6th, NASDAQ reports. Shareholders of record on Monday, September 23rd will be given a dividend of 0.0355 per share by the closed-end fund on Tuesday, October 1st. This represents a $0.43 annualized dividend and a yield of 10.62%. The ex-dividend date is Monday, September 23rd.
Western Asset High Income Opportunity Fund has decreased its dividend by an average of 0.6% annually over the last three years.
Western Asset High Income Opportunity Fund Price Performance
Shares of NYSE HIO opened at $4.01 on Friday. The company’s fifty day moving average price is $3.93 and its 200 day moving average price is $3.86. Western Asset High Income Opportunity Fund has a 1 year low of $3.52 and a 1 year high of $4.07.
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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