KKR Income Opportunities Fund (NYSE:KIO) to Issue $0.12 Monthly Dividend

KKR Income Opportunities Fund (NYSE:KIOGet Free Report) announced a monthly dividend on Thursday, December 19th, Wall Street Journal reports. Shareholders of record on Friday, March 14th will be given a dividend of 0.1215 per share by the investment management company on Monday, March 31st. This represents a $1.46 annualized dividend and a yield of 11.93%. The ex-dividend date of this dividend is Friday, March 14th.

KKR Income Opportunities Fund has raised its dividend by an average of 5.0% per year over the last three years.

KKR Income Opportunities Fund Stock Performance

KKR Income Opportunities Fund stock opened at $12.22 on Wednesday. The stock’s 50 day moving average is $12.87 and its 200 day moving average is $13.61. KKR Income Opportunities Fund has a twelve month low of $12.21 and a twelve month high of $15.09.

About KKR Income Opportunities Fund

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KKR Income Opportunities Fund is a close ended fixed income mutual fund launched by Kohlberg Kravis Roberts & Co L.P. The fund is managed by KKR Asset Management LLC. It invests in fixed income markets and hedging markets across the globe. The fund primarily invests in first- and second-lien secured loans, unsecured loans and high yield corporate debt instruments.

See Also

Dividend History for KKR Income Opportunities Fund (NYSE:KIO)

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