Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI) Declares Monthly Dividend of $0.10

Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI) announced a monthly dividend on Friday, February 21st, Wall Street Journal reports. Investors of record on Thursday, May 22nd will be given a dividend of 0.095 per share on Monday, June 2nd. This represents a $1.14 annualized dividend and a yield of 9.46%. The ex-dividend date of this dividend is Thursday, May 22nd.

Western Asset High Yield Defined Opportunity Fund Price Performance

Shares of NYSE:HYI opened at $12.05 on Friday. The company’s 50-day moving average price is $12.00 and its two-hundred day moving average price is $12.10. Western Asset High Yield Defined Opportunity Fund has a one year low of $11.38 and a one year high of $12.44.

Western Asset High Yield Defined Opportunity Fund Company Profile

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.