Western Asset High Income Opportunity Fund Inc. (NYSE:HIO – Get Free Report) declared a — dividend on Thursday, November 21st,Wall Street Journal reports. Investors of record on Friday, February 21st will be paid a dividend of 0.0355 per share by the closed-end fund on Monday, March 3rd. This represents a dividend yield of 10.8%. The ex-dividend date is Friday, February 21st.
Western Asset High Income Opportunity Fund has decreased its dividend payment by an average of 0.6% annually over the last three years.
Western Asset High Income Opportunity Fund Price Performance
Shares of NYSE:HIO opened at $3.95 on Friday. The company’s 50-day moving average is $3.99 and its 200 day moving average is $3.90. Western Asset High Income Opportunity Fund has a fifty-two week low of $3.69 and a fifty-two week high of $4.07.
About Western Asset High Income Opportunity Fund
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.
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