Western Asset High Income Fund II Inc. (NYSE:HIX – Get Free Report) declared a monthly dividend on Thursday, May 14th. Stockholders of record on Friday, July 24th will be paid a dividend of 0.049 per share by the closed-end fund on Friday, July 31st. This represents a c) dividend on an annualized basis and a dividend yield of 14.7%. The ex-dividend date of this dividend is Friday, July 24th.
Western Asset High Income Fund II Trading Down 0.1%
Shares of NYSE HIX opened at $4.00 on Wednesday. The business’s 50 day moving average is $3.96 and its 200-day moving average is $4.04. Western Asset High Income Fund II has a 1-year low of $3.75 and a 1-year high of $4.40.
About Western Asset High Income Fund II
Western Asset High Income Fund II (NYSE: HIX) is a closed-end management investment company that seeks to provide high current income by investing primarily in below-investment-grade debt instruments. The fund pursues a diversified portfolio of high-yield corporate bonds, senior loans, mortgage- and asset-backed securities, and emerging-market debt, aiming to generate attractive yield while managing credit and interest rate risk.
The fund may employ leverage through borrowings and the issuance of preferred shares to enhance its income potential.
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