Western Asset High Income Fund II Inc. (NYSE:HIX – Get Free Report) announced a monthly dividend on Monday, February 23rd. Shareholders of record on Tuesday, March 24th will be paid a dividend of 0.049 per share by the closed-end fund on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 14.9%. The ex-dividend date of this dividend is Tuesday, March 24th.
Western Asset High Income Fund II Trading Down 1.6%
NYSE HIX opened at $3.94 on Friday. The business’s fifty day simple moving average is $4.16 and its 200-day simple moving average is $4.21. Western Asset High Income Fund II has a 52 week low of $3.65 and a 52 week high of $4.40.
About Western Asset High Income Fund II
Western Asset High Income Fund II (NYSE: HIX) is a closed-end management investment company that seeks to provide high current income by investing primarily in below-investment-grade debt instruments. The fund pursues a diversified portfolio of high-yield corporate bonds, senior loans, mortgage- and asset-backed securities, and emerging-market debt, aiming to generate attractive yield while managing credit and interest rate risk.
The fund may employ leverage through borrowings and the issuance of preferred shares to enhance its income potential.
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