Western Asset High Income Fund II Inc. (HIX) to Issue Monthly Dividend of $0.05 on April 30th

Western Asset High Income Fund II Inc. (NYSE:HIX) announced a monthly dividend on Monday, February 23rd. Stockholders of record on Thursday, April 23rd will be paid a dividend of 0.049 per share by the closed-end fund on Thursday, April 30th. This represents a c) dividend on an annualized basis and a dividend yield of 14.5%. The ex-dividend date is Thursday, April 23rd.

Western Asset High Income Fund II Stock Down 0.9%

Shares of NYSE:HIX opened at $4.06 on Tuesday. The business’s 50 day moving average price is $4.05 and its 200-day moving average price is $4.15. 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.