Western Asset High Income Opportunity Fund Inc. (NYSE:HIO – Get Free Report) announced a dividend on Thursday, January 23rd,investing.com reports. Shareholders of record on Monday, January 27th will be given a dividend of 0.0355 per share by the closed-end fund on Monday, February 3rd. This represents a yield of 10.81%. The ex-dividend date of this dividend is Friday, January 24th. This is a boost from Western Asset High Income Opportunity Fund’s previous dividend of $0.03.
Western Asset High Income Opportunity Fund has raised its dividend payment by an average of 12.7% annually over the last three years.
Western Asset High Income Opportunity Fund Stock Performance
HIO opened at $3.94 on Friday. The firm’s 50-day moving average price is $3.95 and its 200-day moving average price is $3.95. Western Asset High Income Opportunity Fund has a 52-week low of $3.69 and a 52-week high of $4.07.
About Western Asset High Income Opportunity Fund
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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