Western Asset High Yield Defined Opportunity Fund Inc. (HYI) to Issue Monthly Dividend of $0.10 on June 2nd

Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI) declared a monthly dividend on Thursday, February 20th, Wall Street Journal reports. Stockholders of record on Thursday, May 22nd will be paid a dividend of 0.095 per share on Monday, June 2nd. This represents a $1.14 annualized dividend and a dividend yield of 9.46%. The ex-dividend date is Thursday, May 22nd.

Western Asset High Yield Defined Opportunity Fund Stock Performance

Shares of HYI stock opened at $12.05 on Friday. Western Asset High Yield Defined Opportunity Fund has a 1-year low of $11.38 and a 1-year high of $12.44. The business has a 50-day moving average of $12.00 and a 200 day moving average of $12.10.

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.