KKR Income Opportunities Fund (NYSE:KIO) announced a monthly dividend on Thursday, July 30th, Wall Street Journal reports. Stockholders of record on Friday, October 9th will be paid a dividend of 0.125 per share by the investment management company on Friday, October 30th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 11.54%. The ex-dividend date of this dividend is Thursday, October 8th.
Shares of NYSE:KIO opened at $13.00 on Friday. The company’s fifty day moving average is $12.60 and its 200 day moving average is $12.89. KKR Income Opportunities Fund has a 52 week low of $8.36 and a 52 week high of $16.38.
About KKR Income Opportunities Fund
KKR Income Opportunities Fund is a close ended fixed income mutual fund launched by Kohlberg Kravis Roberts & Co L.P. The fund is managed by KKR Asset Management LLC. It invests in fixed income markets and hedging markets across the globe. The fund primarily invests in first- and second-lien secured loans, unsecured loans and high yield corporate debt instruments.
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