Media headlines about Western Asset High Income Fund II (NYSE:HIX) have trended positive on Friday, according to Accern. The research firm ranks the sentiment of news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Western Asset High Income Fund II earned a news impact score of 0.47 on Accern’s scale. Accern also gave media coverage about the closed-end fund an impact score of 47.4194799460443 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Shares of HIX stock traded down $0.01 during trading hours on Friday, hitting $6.40. The company had a trading volume of 102,100 shares, compared to its average volume of 256,342. Western Asset High Income Fund II has a 12 month low of $5.97 and a 12 month high of $7.35.
Get Western Asset High Income Fund II alerts:The business also recently disclosed a monthly dividend, which will be paid on Tuesday, September 4th. Stockholders of record on Friday, August 24th will be paid a $0.0455 dividend. The ex-dividend date is Thursday, August 23rd. This represents a $0.55 annualized dividend and a dividend yield of 8.53%.
About Western Asset High Income Fund II
Western Asset High Income Fund II Inc (the Fund) is a diversified, closed-end management investment company. The Fund seeks to maximize current income by investing approximately 80% of its net assets, plus any borrowings for investment purposes, in high-yield debt securities. As a secondary objective, the Fund seeks capital appreciation to the extent consistent with its objective of seeking to maximize current income.
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