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

Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI) announced a monthly dividend on Thursday, November 20th. Stockholders of record on Tuesday, December 23rd will be paid a dividend of 0.095 per share on Wednesday, December 31st. This represents a c) annualized dividend and a dividend yield of 10.4%. The ex-dividend date is Tuesday, December 23rd.

Western Asset High Yield Defined Opportunity Fund Trading Down 1.3%

HYI stock traded down $0.15 during midday trading on Thursday, reaching $10.93. The stock had a trading volume of 106,480 shares, compared to its average volume of 56,277. The company’s fifty day simple moving average is $11.56 and its 200 day simple moving average is $11.77. Western Asset High Yield Defined Opportunity Fund has a 52-week low of $10.87 and a 52-week high of $12.28.

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.