Western Asset High Income Fund II Inc. (NYSE:HIX) Plans Dividend of $0.05

Western Asset High Income Fund II Inc. (NYSE:HIX) announced a dividend on Thursday, January 23rd,investing.com reports. Stockholders of record on Monday, January 27th will be given a dividend of 0.049 per share by the closed-end fund on Monday, February 3rd. This represents a dividend yield of 13.64%. The ex-dividend date is Friday, January 24th.

Western Asset High Income Fund II has raised its dividend by an average of 8.2% annually over the last three years.

Western Asset High Income Fund II Price Performance

Shares of HIX stock opened at $4.26 on Friday. The stock’s 50 day simple moving average is $4.34 and its 200 day simple moving average is $4.39. Western Asset High Income Fund II has a twelve month low of $4.15 and a twelve month high of $4.66.

About Western Asset High Income Fund II

Western Asset High Income Fund II 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 Limited, and Western Asset Management Company Pte. Ltd. It invests in the fixed income markets across the globe.