Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI) Plans $0.10 Monthly Dividend

Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI) announced a monthly dividend on Thursday, November 20th. Shareholders of record on Friday, February 20th will be paid a dividend of 0.095 per share on Friday, February 27th. This represents a c) annualized dividend and a yield of 10.4%. The ex-dividend date is Friday, February 20th.

Western Asset High Yield Defined Opportunity Fund Stock Down 1.3%

Shares of Western Asset High Yield Defined Opportunity Fund stock traded down $0.15 on Thursday, reaching $10.93. The company’s stock had a trading volume of 106,480 shares, compared to its average volume of 56,277. Western Asset High Yield Defined Opportunity Fund has a 52 week low of $10.87 and a 52 week high of $12.28. The firm’s fifty day simple moving average is $11.56 and its two-hundred day simple moving average is $11.77.

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.