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

Western Asset High Income Opportunity Fund Inc. (NYSE:HIO) announced a dividend on Tuesday, June 17th, investing.com reports. Shareholders of record on Tuesday, June 24th will be paid a dividend of 0.0355 per share by the closed-end fund on Tuesday, July 1st. This represents a yield of 10.92%. The ex-dividend date of this dividend is Monday, June 23rd.

Western Asset High Income Opportunity Fund Stock Up 0.8%

Shares of HIO opened at $3.93 on Wednesday. The stock’s 50 day moving average is $3.83 and its two-hundred day moving average is $3.92. Western Asset High Income Opportunity Fund has a twelve month low of $3.36 and a twelve month high of $4.15.

Institutional Trading of Western Asset High Income Opportunity Fund

A number of institutional investors have recently bought and sold shares of the company. Geneos Wealth Management Inc. boosted its position in Western Asset High Income Opportunity Fund by 807.2% during the first quarter. Geneos Wealth Management Inc. now owns 11,721 shares of the closed-end fund’s stock worth $47,000 after purchasing an additional 10,429 shares in the last quarter. Jane Street Group LLC purchased a new stake in Western Asset High Income Opportunity Fund during the first quarter worth $139,000. Finally, Kanen Wealth Management LLC purchased a new stake in Western Asset High Income Opportunity Fund during the first quarter worth $1,448,000.

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.