KKR Income Opportunities Fund (NYSE:KIO – Get Free Report) announced a monthly dividend on Wednesday, December 18th,Wall Street Journal reports. Investors of record on Friday, March 14th will be paid a dividend of 0.1215 per share by the investment management company on Monday, March 31st. This represents a $1.46 annualized dividend and a yield of 11.19%. The ex-dividend date is Friday, March 14th.
KKR Income Opportunities Fund has decreased its dividend by an average of 0.8% annually over the last three years.
KKR Income Opportunities Fund Stock Down 0.2 %
Shares of NYSE KIO opened at $13.03 on Friday. KKR Income Opportunities Fund has a 1 year low of $12.30 and a 1 year high of $15.09. The business has a 50-day moving average of $13.70 and a two-hundred day moving average of $14.01.
About KKR Income Opportunities Fund
KKR Income Opportunities Fund is a close ended fixed income mutual fund launched by Kohlberg Kravis Roberts & Co L.P. The fund is managed by KKR Asset Management LLC. It invests in fixed income markets and hedging markets across the globe. The fund primarily invests in first- and second-lien secured loans, unsecured loans and high yield corporate debt instruments.
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