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

Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI) declared a monthly dividend on Friday, August 9th,Wall Street Journal reports. Stockholders of record on Thursday, November 21st will be paid a dividend of 0.095 per share on Monday, December 2nd. This represents a $1.14 annualized dividend and a dividend yield of 9.40%. The ex-dividend date is Thursday, November 21st.

Western Asset High Yield Defined Opportunity Fund Stock Up 1.1 %

Shares of HYI opened at $12.13 on Tuesday. The stock’s fifty day simple moving average is $12.22 and its 200-day simple moving average is $11.90. Western Asset High Yield Defined Opportunity Fund has a 12-month low of $11.34 and a 12-month high of $12.44.

About Western Asset High Yield Defined Opportunity Fund

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.