Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI) Announces $0.10 Monthly Dividend

Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI) declared a monthly dividend on Thursday, August 8th, Wall Street Journal reports. Investors of record on Thursday, October 24th will be paid a dividend of 0.095 per share on Friday, November 1st. This represents a $1.14 dividend on an annualized basis and a yield of 9.32%. The ex-dividend date is Thursday, October 24th.

Western Asset High Yield Defined Opportunity Fund Stock Up 0.4 %

NYSE:HYI opened at $12.23 on Tuesday. Western Asset High Yield Defined Opportunity Fund has a twelve month low of $10.99 and a twelve month high of $12.44. The stock’s 50-day simple moving average is $12.20 and its 200 day simple moving average is $11.84.

About Western Asset High Yield Defined Opportunity Fund

Western Asset High Yield Defined Opportunity Fund 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 Pte. Ltd., Western Asset Management Company Ltd and Western Asset Management Company Limited.