Western Asset High Income Fund II Inc. (HIX) Announces $0.05 Monthly Dividend

Western Asset High Income Fund II Inc. (NYSE:HIX) announced a monthly dividend on Tuesday, August 15th, Wall Street Journal reports. Stockholders of record on Friday, November 24th will be given a dividend of 0.049 per share by the closed-end fund on Friday, December 1st. This represents a $0.59 annualized dividend and a dividend yield of 8.46%. The ex-dividend date of this dividend is Wednesday, November 22nd.

Western Asset High Income Fund II has decreased its dividend payment by an average of 6.6% per year over the last three years.

Western Asset High Income Fund II (HIX) traded up $0.02 during mid-day trading on Wednesday, hitting $6.95. 236,456 shares of the stock traded hands, compared to its average volume of 222,034. Western Asset High Income Fund II has a fifty-two week low of $6.50 and a fifty-two week high of $7.46.

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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.

Dividend History for Western Asset High Income Fund II (NYSE:HIX)

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