KKR Income Opportunities Fund (NYSE:KIO) announced a monthly dividend on Tuesday, October 10th, Wall Street Journal reports. Investors of record on Friday, January 12th will be paid a dividend of 0.125 per share by the investment management company on Wednesday, January 31st. This represents a $1.50 dividend on an annualized basis and a dividend yield of 8.31%. The ex-dividend date of this dividend is Thursday, January 11th.

KKR Income Opportunities Fund has increased its dividend payment by an average of 58.7% per year over the last three years.

Shares of KKR Income Opportunities Fund (NYSE KIO) traded up 0.897% during mid-day trading on Wednesday, hitting $18.222. The company had a trading volume of 32,538 shares. The stock’s 50-day moving average is $17.64 and its 200-day moving average is $17.51. The stock’s market cap is $277.98 million. KKR Income Opportunities Fund has a 52-week low of $14.63 and a 52-week high of $18.63.

ILLEGAL ACTIVITY WARNING: “KKR Income Opportunities Fund (KIO) Announces Monthly Dividend of $0.13” was originally published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this article on another site, it was illegally copied and republished in violation of United States & international trademark and copyright legislation. The legal version of this article can be read at https://www.thecerbatgem.com/2017/10/11/kkr-income-opportunities-fund-kio-announces-monthly-dividend-of-0-13.html.

KKR Income Opportunities Fund Company Profile

KKR Income Opportunities Fund (the Fund) is a closed-end management investment company. The Fund’s investment objective is to seek a high level of current income with a secondary objective of capital appreciation. It seeks to achieve its investment objectives by employing a dynamic strategy of investing in a targeted portfolio of loans and fixed-income instruments of the United States and the non-United States issuers, and implementing hedging strategies in order to seek to achieve attractive risk-adjusted returns.

Dividend History for KKR Income Opportunities Fund (NYSE:KIO)

Receive News & Stock 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 stocks with our FREE daily email newsletter.