Western Asset High Income Fund II Inc. (NYSE:HIX) Announces Dividend of $0.05

Western Asset High Income Fund II Inc. (NYSE:HIX) declared a dividend on Wednesday, January 22nd,investing.com reports. Stockholders of record on Monday, January 27th will be given a dividend of 0.049 per share by the closed-end fund on Monday, February 3rd. This represents a dividend yield of 13.67%. The ex-dividend date of this dividend is Friday, January 24th.

Western Asset High Income Fund II has increased its dividend by an average of 8.2% per year over the last three years.

Western Asset High Income Fund II Price Performance

HIX traded down $0.01 on Wednesday, hitting $4.30. 350,213 shares of the company were exchanged, compared to its average volume of 408,766. Western Asset High Income Fund II has a 12 month low of $4.15 and a 12 month high of $4.66. The firm has a fifty day simple moving average of $4.34 and a two-hundred day simple moving average of $4.40.

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.