Western Asset High Income Opportunity Fund Inc. (NYSE:HIO) Plans $0.04 Monthly Dividend

Western Asset High Income Opportunity Fund Inc. (NYSE:HIO) announced a monthly dividend on Thursday, November 20th. Shareholders of record on Friday, February 20th will be paid a dividend of 0.0355 per share by the closed-end fund on Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 11.5%. The ex-dividend date is Friday, February 20th.

Western Asset High Income Opportunity Fund Stock Performance

Shares of HIO stock traded down $0.07 during mid-day trading on Thursday, hitting $3.71. The company’s stock had a trading volume of 615,419 shares, compared to its average volume of 430,062. The company’s fifty day simple moving average is $3.86 and its 200-day simple moving average is $3.91. Western Asset High Income Opportunity Fund has a 52 week low of $3.36 and a 52 week high of $4.15.

Western Asset High Income Opportunity Fund Company Profile

Western Asset High Income Opportunity Fund Inc is a closed ended fixed-income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Western Asset Management Company and Western Asset Management Company Limited. The fund invests in the fixed income markets of the United States.