Western Asset High Income Fund II Inc. (NYSE:HIX) Plans $0.05 Monthly Dividend

Western Asset High Income Fund II Inc. (NYSE:HIXGet Free Report) announced a monthly dividend on Friday, February 21st, Wall Street Journal reports. Stockholders of record on Thursday, May 22nd will be paid a dividend of 0.049 per share by the closed-end fund on Monday, June 2nd. This represents a $0.59 dividend on an annualized basis and a dividend yield of 13.35%. The ex-dividend date of this dividend is Thursday, May 22nd.

Western Asset High Income Fund II has increased its dividend payment by an average of 5.2% per year over the last three years.

Western Asset High Income Fund II Stock Performance

NYSE:HIX opened at $4.41 on Friday. The business has a 50 day simple moving average of $4.29 and a 200 day simple moving average of $4.38. Western Asset High Income Fund II has a 12-month low of $4.15 and a 12-month high of $4.57.

About Western Asset High Income Fund II

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Western Asset High Income Fund II 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 Limited, and Western Asset Management Company Pte. Ltd. It invests in the fixed income markets across the globe.

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Dividend History for Western Asset High Income Fund II (NYSE:HIX)

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