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

Western Asset High Income Opportunity Fund Inc. (NYSE:HIO) declared a dividend on Wednesday, January 22nd,investing.com reports. Shareholders of record on Monday, January 27th will be paid a dividend of 0.0355 per share by the closed-end fund on Monday, February 3rd. This represents a yield of 10.81%. The ex-dividend date is Friday, January 24th. This is a positive change from Western Asset High Income Opportunity Fund’s previous dividend of $0.03.

Western Asset High Income Opportunity Fund has raised its dividend by an average of 12.7% annually over the last three years.

Western Asset High Income Opportunity Fund Price Performance

NYSE HIO traded down $0.01 on Wednesday, hitting $3.95. 564,837 shares of the stock traded hands, compared to its average volume of 535,183. The business’s fifty day moving average is $3.95 and its two-hundred day moving average is $3.95. Western Asset High Income Opportunity Fund has a 12 month low of $3.69 and a 12 month high of $4.07.

About Western Asset High Income Opportunity Fund

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.