Saba Capital Income & Opportunities Fund II (NYSE:SABA) Stock to Pay Monthly Dividend of $0.06

Saba Capital Income & Opportunities Fund II (NYSE:SABA) announced a monthly dividend on Thursday, October 1st. Stockholders of record on Friday, October 9th will be paid a dividend of $0.0580 per share on Friday, October 30th. This represents a $0.70 annualized dividend and a dividend yield of 8.8%. The ex-dividend date is Friday, October 9th.

Saba Capital Income & Opportunities Fund II Stock Performance

Shares of SABA stock traded down $0.04 during trading hours on Thursday, hitting $7.93. 57,374 shares of the company were exchanged, compared to its average volume of 75,448. The company has a 50 day simple moving average of $8.19 and a two-hundred day simple moving average of $8.29. Saba Capital Income & Opportunities Fund II has a fifty-two week low of $7.80 and a fifty-two week high of $9.18.

About Saba Capital Income & Opportunities Fund II

Saba Capital Income & Opportunities Fund II is a closed-ended fixed income mutual fund launched and managed by Saba Capital Management, L.P. The fund invests in fixed income markets across the globe. It primarily invests in government bonds. The fund is actively managed. It benchmarks the performance of its portfolio against the J.P. Morgan Global Government Bond Index. Saba Capital Income & Opportunities Fund II was formed on March 17, 1988 and is domiciled in the United States.