Western Asset High Income Opportunity Fund Inc. Declares Monthly Dividend of $0.04 (NYSE:HIO)

Western Asset High Income Opportunity Fund Inc. (NYSE:HIO) declared a monthly dividend on Friday, May 24th, Wall Street Journal reports. Investors of record on Friday, August 23rd will be given a dividend of 0.0355 per share by the closed-end fund on Tuesday, September 3rd. This represents a $0.43 annualized dividend and a yield of 10.81%. The ex-dividend date of this dividend is Friday, August 23rd.

Western Asset High Income Opportunity Fund has decreased its dividend by an average of 0.6% per year over the last three years.

Western Asset High Income Opportunity Fund Stock Performance

NYSE HIO opened at $3.94 on Thursday. The company’s fifty day moving average is $3.86 and its two-hundred day moving average is $3.86. Western Asset High Income Opportunity Fund has a 52-week low of $3.52 and a 52-week high of $4.03.

Western Asset High Income Opportunity Fund Company Profile

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.