Western Asset High Income Fund II Inc. (NYSE:HIX) declared a monthly dividend on Wednesday, May 22nd, Wall Street Journal reports. Stockholders of record on Friday, July 19th will be paid a dividend of 0.0465 per share by the closed-end fund on Thursday, August 1st. This represents a $0.56 dividend on an annualized basis and a dividend yield of 8.43%. The ex-dividend date of this dividend is Thursday, July 18th.
Western Asset High Income Fund II has decreased its dividend by an average of 12.9% annually over the last three years.
Shares of HIX traded down $0.02 during trading hours on Wednesday, reaching $6.62. The company had a trading volume of 228,499 shares, compared to its average volume of 211,790. Western Asset High Income Fund II has a 12-month low of $5.42 and a 12-month high of $6.71.
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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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