Western Asset High Income Fund II Inc. (NYSE:HIX) declared a monthly dividend on Wednesday, May 22nd, Wall Street Journal reports. Stockholders of record on Friday, July 19th will be paid a dividend of 0.0465 per share by the closed-end fund on Thursday, August 1st. This represents a $0.56 annualized dividend and a dividend yield of 8.23%. The ex-dividend date of this dividend is Thursday, July 18th.
Western Asset High Income Fund II has decreased its dividend by an average of 12.9% per year over the last three years.
Shares of HIX traded up $0.04 during midday trading on Friday, hitting $6.78. The stock had a trading volume of 83,600 shares, compared to its average volume of 211,912. Western Asset High Income Fund II has a fifty-two week low of $5.42 and a fifty-two week high of $6.79.
Western Asset High Income Fund II Company Profile
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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