Western Asset High Income Fund II Inc. (NYSE:HIX – Get Rating) announced a monthly dividend on Thursday, May 19th, Wall Street Journal reports. Stockholders of record on Wednesday, August 24th will be paid a dividend of 0.049 per share by the closed-end fund on Thursday, September 1st. This represents a $0.59 annualized dividend and a dividend yield of 11.53%. The ex-dividend date is Tuesday, August 23rd.
Western Asset High Income Fund II has increased its dividend payment by an average of 2.5% per year over the last three years.
Western Asset High Income Fund II stock traded up $0.04 during trading on Thursday, reaching $5.10. 155,873 shares of the company’s stock were exchanged, compared to its average volume of 272,442. The company’s 50-day moving average is $5.66 and its two-hundred day moving average is $6.38. Western Asset High Income Fund II has a 52-week low of $5.04 and a 52-week high of $7.75.
About Western Asset High Income Fund II (Get Rating)
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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