Western Asset High Income Opportunity Fund Inc. (NYSE:HIO – Get Free Report) announced a monthly dividend on Wednesday, August 5th. Investors of record on Friday, October 23rd will be paid a dividend of $0.0355 per share by the closed-end fund on Friday, October 30th. This represents a $0.43 dividend on an annualized basis and a yield of 13.1%. The ex-dividend date is Friday, October 23rd.
Western Asset High Income Opportunity Fund Stock Performance
Shares of HIO opened at $3.25 on Wednesday. Western Asset High Income Opportunity Fund has a twelve month low of $3.20 and a twelve month high of $3.89. The company has a 50 day moving average of $3.40 and a two-hundred day moving average of $3.55.
Western Asset High Income Opportunity Fund (NYSE:HIO – Get Free Report) last issued its quarterly earnings results on Thursday, August 20th. The closed-end fund reported $0.08 earnings per share for the quarter.
About Western Asset High Income Opportunity Fund
Western Asset High Income Opportunity Fund (NYSE:HIO) is a closed-end investment fund that seeks to provide investors with a high level of current income, with capital appreciation as a secondary objective. The fund invests primarily in below-investment-grade, or high-yield, debt securities issued by corporations and other borrowers.
Its portfolio may include bonds and other fixed-income instruments issued by companies in the United States and international markets, including emerging markets.
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