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

Western Asset High Income Opportunity Fund Inc. (NYSE:HIO) announced a — dividend on Thursday, November 21st,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 of this dividend is Friday, February 21st.

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

Western Asset High Income Opportunity Fund Stock Performance

HIO opened at $3.96 on Thursday. Western Asset High Income Opportunity Fund has a 52-week low of $3.69 and a 52-week high of $4.07. The firm’s 50-day moving average price is $3.99 and its 200-day moving average price is $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.