KKR Income Opportunities Fund (NYSE:KIO – Get Free Report) announced a monthly dividend on Wednesday, March 19th, Wall Street Journal reports. Investors of record on Friday, June 13th will be paid a dividend of 0.1215 per share by the investment management company on Monday, June 30th. This represents a $1.46 annualized dividend and a yield of 11.84%. The ex-dividend date is Friday, June 13th.
KKR Income Opportunities Fund has increased its dividend by an average of 5.0% annually over the last three years.
KKR Income Opportunities Fund Stock Performance
Shares of NYSE:KIO opened at $12.32 on Friday. The business has a 50 day moving average price of $12.69 and a 200 day moving average price of $13.52. KKR Income Opportunities Fund has a twelve month low of $12.12 and a twelve month high of $15.09.
About KKR Income Opportunities Fund
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.
Further Reading
- Five stocks we like better than KKR Income Opportunities Fund
- How to Calculate Return on Investment (ROI)
- 4 Undervalued Growth Stocks to Buy and Hold for the Long Term
- There Are Different Types of Stock To Invest In
- Everything About Amazon Stock Signals a Buy—Time to Load Up?
- What is a Dividend Harvesting Strategy and How Can Investors Profit from it?
- 5 Reasons Five Below’s Stock Price Is Heading Higher This Year
Receive News & Ratings for KKR Income Opportunities Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KKR Income Opportunities Fund and related companies with MarketBeat.com's FREE daily email newsletter.
