Western Asset High Income Fund II Inc. (NYSE:HIX – Get Free Report) declared a monthly dividend on Thursday, November 20th. Shareholders of record on Friday, January 23rd will be given a dividend of 0.049 per share by the closed-end fund on Friday, January 30th. This represents a c) annualized dividend and a yield of 13.9%. The ex-dividend date of this dividend is Friday, January 23rd.
Western Asset High Income Fund II Price Performance
Shares of NYSE:HIX opened at $4.25 on Wednesday. The firm has a fifty day simple moving average of $4.17 and a two-hundred day simple moving average of $4.25. Western Asset High Income Fund II has a 52 week low of $3.65 and a 52 week high of $4.42.
Western Asset High Income Fund II Company Profile
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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