Western Asset High Income Fund II Inc. (NYSE:HIX) Increases Dividend to $0.05 Per Share

Western Asset High Income Fund II Inc. (NYSE:HIX) announced a dividend on Wednesday, August 2nd, NASDAQ reports. Investors of record on Friday, September 22nd will be given a dividend of 0.049 per share by the closed-end fund on Monday, October 2nd. The ex-dividend date of this dividend is Thursday, September 21st. This is an increase from Western Asset High Income Fund II’s previous dividend of $0.05.

Western Asset High Income Fund II Stock Performance

HIX opened at $4.75 on Tuesday. Western Asset High Income Fund II has a 12 month low of $4.14 and a 12 month high of $5.71. The stock’s 50 day moving average price is $4.88 and its 200 day moving average price is $4.84.

Hedge Funds Weigh In On Western Asset High Income Fund II

Several hedge funds have recently modified their holdings of the company. Osaic Holdings Inc. increased its position in shares of Western Asset High Income Fund II by 25.7% during the 2nd quarter. Osaic Holdings Inc. now owns 115,233 shares of the closed-end fund’s stock valued at $562,000 after purchasing an additional 23,527 shares during the period. Rockefeller Capital Management L.P. increased its position in shares of Western Asset High Income Fund II by 53.5% during the 2nd quarter. Rockefeller Capital Management L.P. now owns 80,011 shares of the closed-end fund’s stock valued at $390,000 after purchasing an additional 27,900 shares during the period. Stifel Financial Corp acquired a new position in shares of Western Asset High Income Fund II during the 2nd quarter valued at $53,000. MML Investors Services LLC acquired a new position in shares of Western Asset High Income Fund II during the 2nd quarter valued at $87,000. Finally, JPMorgan Chase & Co. acquired a new position in shares of Western Asset High Income Fund II during the 2nd quarter valued at $94,000.

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.