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.
TRADEMARK VIOLATION NOTICE: This story was originally reported by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are viewing this story on another website, it was illegally stolen and republished in violation of United States & international copyright law. The correct version of this story can be accessed at https://www.dispatchtribunal.com/2019/02/21/western-asset-high-yield-dfnd-opp-fi-hyi-announces-0-09-monthly-dividend.html.
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.
Featured Article: What is a Roth IRA?
Receive News & Ratings for Western Asset High Yield Dfnd Opp FI Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Western Asset High Yield Dfnd Opp FI and related companies with MarketBeat.com's FREE daily email newsletter.