Western Asset High Income Fund II Inc. (NYSE:HIX) announced a monthly dividend on Tuesday, November 13th, Wall Street Journal reports. Stockholders of record on Friday, January 18th will be given a dividend of 0.0455 per share by the closed-end fund on Friday, February 1st. This represents a $0.55 dividend on an annualized basis and a dividend yield of 8.89%. The ex-dividend date is Thursday, January 17th.

Western Asset High Income Fund II has decreased its dividend by an average of 10.1% annually over the last three years.

Shares of HIX traded down $0.01 during midday trading on Tuesday, reaching $6.14. 116,683 shares of the stock were exchanged, compared to its average volume of 248,396. Western Asset High Income Fund II has a 12-month low of $5.97 and a 12-month high of $7.09.

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About Western Asset High Income Fund II

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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