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

Western Asset High Income Opportunity Fund Inc. (NYSE:HIO) declared a monthly dividend on Monday, February 23rd. Shareholders of record on Thursday, May 21st will be given a dividend of 0.0355 per share by the closed-end fund on Friday, May 29th. This represents a c) dividend on an annualized basis and a yield of 11.3%. The ex-dividend date of this dividend is Thursday, May 21st.

Western Asset High Income Opportunity Fund Stock Down 0.4%

HIO stock traded down $0.02 during mid-day trading on Monday, reaching $3.78. The company had a trading volume of 368,970 shares, compared to its average volume of 431,139. The stock has a 50 day simple moving average of $3.75 and a two-hundred day simple moving average of $3.82. Western Asset High Income Opportunity Fund has a 52 week low of $3.36 and a 52 week high of $4.15.

Western Asset High Income Opportunity Fund Company Profile

Western Asset High Income Opportunity Fund Inc (NYSE: HIO) is a diversified closed-end management investment company that seeks to provide high current income and capital appreciation by investing primarily in high-yield and other fixed-income securities. The Fund’s portfolio is actively managed by Western Asset Management Company, an affiliate of Franklin Templeton, and may include below-investment-grade corporate debt, emerging-market sovereign and corporate bonds, bank loans, mortgage- and asset-backed securities.