Western Asset High Income Fund II Inc. (NYSE:HIX) declared a monthly dividend on Tuesday, August 21st, Wall Street Journal reports. Shareholders of record on Friday, October 19th will be paid a dividend of 0.0455 per share by the closed-end fund on Thursday, November 1st. This represents a $0.55 annualized dividend and a dividend yield of 8.75%. The ex-dividend date of this dividend is Thursday, October 18th.
Western Asset High Income Fund II has decreased its dividend by an average of 10.1% per year over the last three years.
Shares of HIX opened at $6.24 on Friday. Western Asset High Income Fund II has a one year low of $5.97 and a one year high of $7.28.
Western Asset High Income Fund II Company Profile
Western Asset High Income Fund II Inc is a closed-ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed by Western Asset Management Company, Western Asset Management Company Limited, and Western Asset Management Company Pte. Ltd. It invests in the fixed income markets across the globe.
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