Western Asset High Yield Dfnd Opp FI (HYI) Announces $0.09 Monthly Dividend

Western Asset High Yield Dfnd Opp FI (NYSE:HYI) announced a monthly dividend on Thursday, February 21st, Wall Street Journal reports. Stockholders of record on Friday, March 22nd will be paid a dividend of 0.0885 per share on Monday, April 1st. This represents a $1.06 annualized dividend and a dividend yield of 7.31%. The ex-dividend date of this dividend is Thursday, March 21st.

Western Asset High Yield Dfnd Opp FI has decreased its dividend by an average of 6.9% annually over the last three years.

Shares of HYI traded down $0.10 during midday trading on Thursday, hitting $14.52. 79,632 shares of the company’s stock traded hands, compared to its average volume of 114,978. Western Asset High Yield Dfnd Opp FI has a 1 year low of $12.83 and a 1 year high of $14.94.

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Western Asset High Yield Dfnd Opp FI Company Profile

Western Asset High Yield Defined Opportunity Fund 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 Pte. Ltd., Western Asset Management Company Ltd and Western Asset Management Company Limited.

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Dividend History for Western Asset High Yield Dfnd Opp FI (NYSE:HYI)

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