Western Asset High Income Fund II Inc. (NYSE:HIX) Announces $0.05 Monthly Dividend

Western Asset High Income Fund II Inc. (NYSE:HIXGet Free Report) announced a monthly dividend on Wednesday, August 5th. Shareholders of record on Wednesday, September 23rd will be paid a dividend of 0.049 per share by the closed-end fund on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 14.9%. The ex-dividend date of this dividend is Wednesday, September 23rd.

Western Asset High Income Fund II Stock Up 0.6%

HIX stock opened at $3.94 on Thursday. The business has a 50 day moving average of $3.95 and a 200-day moving average of $4.02. Western Asset High Income Fund II has a 12-month low of $3.75 and a 12-month high of $4.40.

Western Asset High Income Fund II Company Profile

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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.

See Also

Dividend History for Western Asset High Income Fund II (NYSE:HIX)

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