Positive News Coverage Somewhat Unlikely to Impact Western Asset High Income Fund II (NYSE:HIX) Stock Price

Press coverage about Western Asset High Income Fund II (NYSE:HIX) has been trending positive on Saturday, according to Accern Sentiment. The research firm identifies positive and negative media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Western Asset High Income Fund II earned a coverage optimism score of 0.35 on Accern’s scale. Accern also gave news coverage about the closed-end fund an impact score of 48.0985448921351 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Shares of Western Asset High Income Fund II (NYSE HIX) traded up $0.02 during trading hours on Friday, hitting $7.03. 196,595 shares of the stock traded hands, compared to its average volume of 516,389. Western Asset High Income Fund II has a 12 month low of $6.50 and a 12 month high of $7.46.

The firm also recently declared a monthly dividend, which will be paid on Thursday, March 1st. Stockholders of record on Friday, February 16th will be given a dividend of $0.046 per share. This represents a $0.55 annualized dividend and a dividend yield of 7.85%. The ex-dividend date of this dividend is Thursday, February 15th.

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Western Asset High Income Fund II Company Profile

Western Asset High Income Fund II Inc (the Fund) is a diversified, closed-end management investment company. The Fund seeks to maximize current income by investing approximately 80% of its net assets, plus any borrowings for investment purposes, in high-yield debt securities. As a secondary objective, the Fund seeks capital appreciation to the extent consistent with its objective of seeking to maximize current income.

Insider Buying and Selling by Quarter for Western Asset High Income Fund II (NYSE:HIX)

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