Western Asset High Yield Defined Opportunity Fund Inc. (HYI) To Go Ex-Dividend on August 22nd

Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI) announced a monthly dividend on Monday, May 19th, Wall Street Journal reports. Investors of record on Friday, August 22nd will be given a dividend of 0.095 per share on Tuesday, September 2nd. This represents a $1.14 dividend on an annualized basis and a dividend yield of 9.65%. The ex-dividend date of this dividend is Friday, August 22nd.

Western Asset High Yield Defined Opportunity Fund Stock Performance

NYSE:HYI opened at $11.81 on Wednesday. Western Asset High Yield Defined Opportunity Fund has a 52-week low of $11.05 and a 52-week high of $12.44. The business’s fifty day moving average is $11.68 and its 200 day moving average is $11.92.

Hedge Funds Weigh In On Western Asset High Yield Defined Opportunity Fund

A hedge fund recently bought a new stake in Western Asset High Yield Defined Opportunity Fund stock. Jane Street Group LLC bought a new stake in shares of Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 17,521 shares of the company’s stock, valued at approximately $207,000.

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.