Western Asset High Income Opportunity Fund Inc.

NYSE:HIO Stock Report

Market Cap: US$371.8m

Western Asset High Income Opportunity Fund Dividends and Buybacks

Dividend criteria checks 3/6

Western Asset High Income Opportunity Fund is a dividend paying company with a current yield of 10.9% that is well covered by earnings. Next payment date is on 2nd June, 2025 with an ex-dividend date of 22nd May, 2025.

Key information

10.9%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yieldn/a
Dividend Growth-1.3%
Next dividend pay date02 Jun 25
Ex dividend date22 May 25
Dividend per sharen/a
Payout ratio84%

Recent dividend and buyback updates

Recent updates

HIO: Junk Bond Focus Better Than Floaters For Rate Cuts

Mar 22

HIO: High-Yield CEF With International Exposure

Nov 26

HIO: Limited Protection Against A Resurgence Of Inflation And Limited Upside Potential

Sep 06

HIO: Non-Leveraged High-Yield Focused CEF

Jun 09

HIO: One Of The Better Junk Bond CEFs With A Double-Digit Yield

Jan 18

HIO: Unleveraged Fund With A Leveraged Performance

Jan 07

Western Asset High Income Opportunity Fund goes ex-dividend tomorrow

Dec 20

Western Asset High Income Opportunity Fund goes ex-dividend tomorrow

Oct 20

Western Asset High Income Opportunity Fund goes ex-dividend tomorrow

Sep 21

Western Asset High Income Opportunity Fund goes ex-dividend tomorrow

Aug 22

Upcoming Dividend Payment

TodayMay 18 2025Ex Dividend DateMay 22 2025Dividend Pay DateJun 02 202511 days from Ex DividendBuy in the next 3 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: HIO's dividend payments have been volatile in the past 10 years.

Growing Dividend: HIO's dividend payments have not increased over the past 10 years.

Dividend Yield vs Market

Western Asset High Income Opportunity Fund Dividend Yield vs Market
How does HIO dividend yield compare to the market?
SegmentDividend Yield
Company (HIO)10.9%
Market Bottom 25% (US)1.5%
Market Top 25% (US)4.7%
Industry Average (Capital Markets)2.0%
Analyst forecast (HIO) (up to 3 years)n/a

Notable Dividend: HIO's dividend (10.9%) is higher than the bottom 25% of dividend payers in the US market (1.54%).

High Dividend: HIO's dividend (10.9%) is in the top 25% of dividend payers in the US market (4.66%)

Earnings Payout to Shareholders

Earnings Coverage: At its current payout ratio (84.3%), HIO's payments are covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: Insufficient data to calculate HIO's cash payout ratio to determine if its dividend payments are covered by cash flows.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/18 23:24
End of Day Share Price 2025/05/16 00:00
Earnings2024/09/30
Annual Earnings2024/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Western Asset High Income Opportunity Fund Inc. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kristoph RollenhagenOppenheimer & Co. Inc.