KKR Income Opportunities Fund (KIO) Announces Monthly Dividend of $0.13
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.
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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.
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