Western Asset High Income Fund II Inc. (NYSE:HIX – Get Free Report) announced a monthly dividend on Friday, February 21st, Wall Street Journal reports. Investors of record on Thursday, May 22nd will be given a dividend of 0.049 per share by the closed-end fund on Monday, June 2nd. This represents a $0.59 dividend on an annualized basis and a yield of 13.41%. The ex-dividend date is Thursday, May 22nd.
Western Asset High Income Fund II has increased its dividend by an average of 5.2% per year over the last three years.
Western Asset High Income Fund II Price Performance
HIX stock opened at $4.39 on Friday. Western Asset High Income Fund II has a one year low of $4.15 and a one year high of $4.57. The company’s 50 day moving average price is $4.29 and its two-hundred day moving average price is $4.38.
About Western Asset High Income Fund II
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.
Further Reading
- Five stocks we like better than Western Asset High Income Fund II
- What is an Earnings Surprise?
- These 5 Energy Stocks Hedge Inflation With Growth Potential
- ESG Stocks, What Investors Should Know
- Unity Stock: Is a True Turnaround Finally Taking Shape?
- What is the Euro STOXX 50 Index?
- DuPont’s Electronics Spinoff: The Start of Something Big
Receive News & Ratings for Western Asset High Income Fund II Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Western Asset High Income Fund II and related companies with MarketBeat.com's FREE daily email newsletter.
