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

Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI) declared a monthly dividend on Friday, August 9th,Wall Street Journal reports. Shareholders of record on Thursday, November 21st will be given a dividend of 0.095 per share on Monday, December 2nd. This represents a $1.14 dividend on an annualized basis and a yield of 9.43%. The ex-dividend date of this dividend is Thursday, November 21st.

Western Asset High Yield Defined Opportunity Fund Stock Down 0.6 %

Shares of Western Asset High Yield Defined Opportunity Fund stock opened at $12.09 on Wednesday. Western Asset High Yield Defined Opportunity Fund has a 52-week low of $11.34 and a 52-week high of $12.44. The company has a fifty day moving average of $12.22 and a 200-day moving average of $11.91.

Western Asset High Yield Defined Opportunity Fund Company Profile

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.