Western Asset High Income Opportunity Fund Dividend
Dividend criteria checks 2/6
Western Asset High Income Opportunity Fund is a dividend paying company with a current yield of 11.39%. Next payment date is on 3rd June, 2024 with an ex-dividend date of 22nd May, 2024.
Key information
11.4%
Dividend yield
126%
Payout ratio
Industry average yield | 2.4% |
Next dividend pay date | 03 Jun 24 |
Ex dividend date | 22 May 24 |
Dividend per share | n/a |
Earnings per share | US$0.30 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
HIO: One Of The Better Junk Bond CEFs With A Double-Digit Yield
Jan 18HIO: Unleveraged Fund With A Leveraged Performance
Jan 07Western Asset High Income Opportunity Fund goes ex-dividend tomorrow
Dec 20Western Asset High Income Opportunity Fund goes ex-dividend tomorrow
Oct 20Western Asset High Income Opportunity Fund goes ex-dividend tomorrow
Sep 21Western Asset High Income Opportunity Fund goes ex-dividend tomorrow
Aug 22Western Asset High Income Opportunity Fund declares $0.0325 dividend
Nov 17Upcoming Dividend Payment
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 fallen over the past 10 years.
Dividend Yield vs Market
Western Asset High Income Opportunity Fund Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (HIO) | 11.4% |
Market Bottom 25% (US) | 1.6% |
Market Top 25% (US) | 4.8% |
Industry Average (Capital Markets) | 2.4% |
Analyst forecast in 3 Years (HIO) | n/a |
Notable Dividend: HIO's dividend (11.39%) is higher than the bottom 25% of dividend payers in the US market (1.58%).
High Dividend: HIO's dividend (11.39%) is in the top 25% of dividend payers in the US market (4.8%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (125.5%), HIO's dividend payments are not well 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.