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

KKR Income Opportunities Fund (NYSE:KIO) announced a monthly dividend on Tuesday, December 17th,NASDAQ Dividends reports. Shareholders of record on Friday, January 10th will be paid a dividend of 0.1215 per share by the investment management company on Friday, January 31st. This represents a $1.46 annualized dividend and a yield of 11.19%. The ex-dividend date is Friday, January 10th.

KKR Income Opportunities Fund has decreased its dividend by an average of 0.8% per year over the last three years.

KKR Income Opportunities Fund Stock Down 0.2 %

KKR Income Opportunities Fund stock traded down $0.03 during midday trading on Thursday, hitting $13.03. 121,332 shares of the company were exchanged, compared to its average volume of 129,723. The business has a fifty day simple moving average of $13.74 and a two-hundred day simple moving average of $14.01. KKR Income Opportunities Fund has a fifty-two week low of $12.30 and a fifty-two week high of $15.09.

KKR Income Opportunities Fund Company Profile

KKR Income Opportunities Fund is a close ended fixed income mutual fund launched by Kohlberg Kravis Roberts & Co L.P. The fund is managed by KKR Asset Management LLC. It invests in fixed income markets and hedging markets across the globe. The fund primarily invests in first- and second-lien secured loans, unsecured loans and high yield corporate debt instruments.