Western Asset High Income Fund II Inc. Announces Monthly Dividend of $0.05 (NYSE:HIX)

by · The Cerbat Gem

Western Asset High Income Fund II Inc. (NYSE:HIX – Get Free Report) declared a monthly dividend on Thursday, August 8th, Wall Street Journal reports. Investors of record on Thursday, October 24th will be paid a dividend of 0.049 per share by the closed-end fund on Friday, November 1st. This represents a $0.59 dividend on an annualized basis and a yield of 13.15%. The ex-dividend date of this dividend is Thursday, October 24th.

Western Asset High Income Fund II has increased its dividend by an average of 0.1% per year over the last three years.

Western Asset High Income Fund II Stock Down 0.4 %

Shares of HIX stock opened at $4.47 on Wednesday. Western Asset High Income Fund II has a 1 year low of $4.16 and a 1 year high of $5.05. The firm’s fifty day simple moving average is $4.44 and its 200 day simple moving average is $4.42.

Western Asset High Income Fund II Company Profile

(Get Free Report)

Western Asset High Income Fund II 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 Limited, and Western Asset Management Company Pte. Ltd. It invests in the fixed income markets across the globe.

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