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

Western Asset High Income Fund II Inc. (NYSE:HIX) declared a dividend on Monday, March 24th, investing.com reports. Stockholders of record on Tuesday, March 25th will be paid a dividend of 0.049 per share by the closed-end fund on Tuesday, April 1st. This represents a dividend yield of 13.8%. The ex-dividend date of this dividend is Monday, March 24th.

Western Asset High Income Fund II has increased its dividend payment by an average of 5.2% annually over the last three years.

Western Asset High Income Fund II Trading Down 0.8 %

Shares of NYSE HIX traded down $0.04 during mid-day trading on Monday, hitting $4.23. 413,016 shares of the company traded hands, compared to its average volume of 433,137. Western Asset High Income Fund II has a 1 year low of $4.15 and a 1 year high of $4.54. The business has a 50 day moving average of $4.32 and a two-hundred day moving average of $4.37.

Western Asset High Income Fund II Company Profile

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.