KKR Income Opportunities Fund (NYSE:KIO) announced a monthly dividend on Tuesday, October 10th, Wall Street Journal reports. Investors of record on Monday, November 6th will be paid a dividend of 0.125 per share by the investment management company on Thursday, November 30th. This represents a $1.50 annualized dividend and a yield of 8.31%. The ex-dividend date of this dividend is Friday, November 3rd.

KKR Income Opportunities Fund has raised its dividend by an average of 58.7% annually over the last three years.

Shares of KKR Income Opportunities Fund (NYSE KIO) traded down 0.77% during midday trading on Tuesday, reaching $18.06. The company had a trading volume of 107,811 shares. The firm’s 50 day moving average price is $17.61 and its 200-day moving average price is $17.50. KKR Income Opportunities Fund has a 12 month low of $14.63 and a 12 month high of $18.63.

WARNING: This article was originally published by American Banking News and is owned by of American Banking News. If you are reading this article on another publication, it was copied illegally and reposted in violation of United States & international copyright and trademark legislation. The legal version of this article can be viewed at https://www.americanbankingnews.com/2017/10/10/kkr-income-opportunities-fund-kio-declares-0-13-monthly-dividend.html.

KKR Income Opportunities Fund Company Profile

KKR Income Opportunities Fund (the Fund) is a closed-end management investment company. The Fund’s investment objective is to seek a high level of current income with a secondary objective of capital appreciation. It seeks to achieve its investment objectives by employing a dynamic strategy of investing in a targeted portfolio of loans and fixed-income instruments of the United States and the non-United States issuers, and implementing hedging strategies in order to seek to achieve attractive risk-adjusted returns.

Dividend History for KKR Income Opportunities Fund (NYSE:KIO)

Receive News & Ratings for KKR Income Opportunities Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KKR Income Opportunities Fund and related companies with MarketBeat.com's FREE daily email newsletter.