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

Western Asset High Income Opportunity Fund Inc. (NYSE:HIO) announced a — dividend on Wednesday, November 20th,Wall Street Journal reports. Shareholders of record on Friday, February 21st will be paid a dividend of 0.0355 per share by the closed-end fund on Monday, March 3rd. This represents a yield of 10.8%. The ex-dividend date is Friday, February 21st.

Western Asset High Income Opportunity Fund has decreased its dividend by an average of 0.6% per year over the last three years.

Western Asset High Income Opportunity Fund Price Performance

Western Asset High Income Opportunity Fund stock traded down $0.01 during mid-day trading on Wednesday, reaching $3.96. 219,055 shares of the company’s stock traded hands, compared to its average volume of 370,075. Western Asset High Income Opportunity Fund has a 12-month low of $3.69 and a 12-month high of $4.07. The stock has a 50 day moving average of $3.99 and a two-hundred day moving average of $3.90.

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.