Western Asset High Yield Defined Opportunity Fund Inc. (HYI) to Issue Monthly Dividend of $0.10 on November 1st

Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI) declared a monthly dividend on Thursday, August 8th, Wall Street Journal reports. Stockholders 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 annualized dividend and a dividend yield of 9.32%. The ex-dividend date is Thursday, October 24th.

Western Asset High Yield Defined Opportunity Fund Price Performance

NYSE:HYI opened at $12.23 on Tuesday. The stock has a 50 day simple moving average of $12.20 and a 200 day simple moving average of $11.84. Western Asset High Yield Defined Opportunity Fund has a 1-year low of $10.99 and a 1-year high of $12.44.

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.