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

Western Asset High Income Opportunity Fund Inc. (NYSE:HIO) announced a dividend on Monday, March 24th, investing.com reports. Investors of record on Tuesday, March 25th will be given a dividend of 0.0355 per share by the closed-end fund on Tuesday, April 1st. This represents a yield of 10.47%. The ex-dividend date of this dividend is Monday, March 24th.

Western Asset High Income Opportunity Fund has raised its dividend payment by an average of 11.8% annually over the last three years.

Western Asset High Income Opportunity Fund Price Performance

Shares of Western Asset High Income Opportunity Fund stock traded down $0.02 during mid-day trading on Monday, hitting $4.06. 437,708 shares of the stock were exchanged, compared to its average volume of 430,769. Western Asset High Income Opportunity Fund has a twelve month low of $3.69 and a twelve month high of $4.15. The company has a 50-day simple moving average of $4.00 and a 200 day simple moving average of $3.99.

Western Asset High Income Opportunity Fund Company Profile

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.