Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI) to Issue $0.10 — Dividend

Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI) declared a — dividend on Wednesday, November 20th,Wall Street Journal reports. Stockholders of record on Friday, February 21st will be paid a dividend of 0.095 per share on Monday, March 3rd. This represents a dividend yield of 9.4%. The ex-dividend date is Friday, February 21st.

Western Asset High Yield Defined Opportunity Fund Price Performance

Shares of HYI stock remained flat at $12.09 during trading hours on Wednesday. 40,508 shares of the stock were exchanged, compared to its average volume of 57,671. Western Asset High Yield Defined Opportunity Fund has a twelve month low of $11.34 and a twelve month high of $12.44. The firm has a fifty day moving average of $12.22 and a two-hundred day moving average of $11.91.

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.