Western Asset High Income Fund II Inc. (NYSE:HIX) Director William R. Hutchinson sold 2,000 shares of the firm’s stock in a transaction that occurred on Monday, September 24th. The stock was sold at an average price of $6.35, for a total transaction of $12,700.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.
Shares of HIX stock opened at $6.35 on Tuesday. Western Asset High Income Fund II Inc. has a 12-month low of $5.97 and a 12-month high of $7.28.
The business also recently declared a monthly dividend, which will be paid on Thursday, November 1st. Stockholders of record on Friday, October 19th will be paid a dividend of $0.0455 per share. The ex-dividend date is Thursday, October 18th. This represents a $0.55 annualized dividend and a dividend yield of 8.60%.
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.
Recommended Story: How to Invest in an Index Fund
Receive News & Ratings for Western Asset High Income Fund II Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Western Asset High Income Fund II and related companies with MarketBeat.com's FREE daily email newsletter.