HIO is Western Asset High Income Opportunity Fund Inc. (Financial Services). Trading at $3.63. Current dividend yield: 11.74%.
Dividend snapshot
| Annual dividend rate | $0.43 |
| Current yield | 11.74% |
| Payment frequency | Monthly |
| Next ex-dividend date | Jun 23, 2026 |
| Most recent payment date | Apr 23, 2026 |
| Last payment amount | $0.0355 |
| 5-year dividend CAGR | 1.86% |
| 3-year dividend CAGR | 6.27% |
| Payout ratio | 152% |
| Market cap | $345M |
| Exchange | NYQ |
Recent dividend payments
| Date | Amount / share |
|---|---|
| 2026-05-21 | $0.0360 |
| 2026-04-23 | $0.0360 |
| 2026-03-24 | $0.0360 |
| 2026-02-20 | $0.0360 |
| 2026-01-23 | $0.0360 |
| 2025-12-23 | $0.0360 |
| 2025-11-20 | $0.0360 |
| 2025-10-24 | $0.0360 |
About HIO
Western Asset High Income Opportunity Fund Inc. is a closed ended fixed-income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Western Asset Management Company and Western Asset Management Company Limited. The fund invests in the fixed income markets of the United States. It seeks to invest in high-yielding corporate debt obligations. The fund seeks to maintain an average duration of around four years with an average credit quality of B. It benchmarks the performance of its portfolio against the Barclays Capital U.S. Corporate High Yield 2% Issuer Cap Index. The fund was formerly known as High Income Opportunity Fund. Western Asset High Income Opportunity Fund Inc. was formed on November 16, 1993 and is domiciled in the United States.
Track HIO in DiviDrip
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Data refreshed 2026-05-23. Not investment advice. Yields and prices change continuously; always verify the latest numbers in the live app before buying.