Western Asset High Income Opportunity Fund Inc. (HIO) To Go Ex-Dividend on May 22nd

Posted by Joseph Casey on May 20th, 2025

Western Asset High Income Opportunity Fund Inc. (NYSE:HIO – Get Free Report) declared a monthly dividend on Friday, February 21st, Wall Street Journal reports. Investors of record on Thursday, May 22nd will be given a dividend of 0.0355 per share by the closed-end fund on Monday, June 2nd. This represents a $0.43 dividend on an annualized basis and a yield of 10.95%. The ex-dividend date of this dividend is Thursday, May 22nd.

Western Asset High Income Opportunity Fund has raised its dividend by an average of 11.8% annually over the last three years.

Western Asset High Income Opportunity Fund Stock Down 0.5%

NYSE:HIO opened at $3.89 on Tuesday. The business’s 50-day moving average price is $3.86 and its 200 day moving average price is $3.93. Western Asset High Income Opportunity Fund has a 52-week low of $3.36 and a 52-week high of $4.15.

Hedge Funds Weigh In On Western Asset High Income Opportunity Fund

A hedge fund recently bought a new stake in Western Asset High Income Opportunity Fund stock. Jane Street Group LLC acquired a new position in shares of Western Asset High Income Opportunity Fund Inc. (NYSE:HIO – Free Report) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 34,808 shares of the closed-end fund’s stock, valued at approximately $139,000.

About Western Asset High Income Opportunity Fund

(Get Free Report)

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.