KKR Income Opportunities Fund (KIO) Plans Monthly Dividend of $0.13
KKR Income Opportunities Fund (NYSE:KIO) declared a monthly dividend on Tuesday, October 10th, Wall Street Journal reports. Stockholders of record on Friday, December 15th will be given a dividend of 0.125 per share by the investment management company on Friday, December 29th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 8.31%. The ex-dividend date of this dividend is Thursday, December 14th.
KKR Income Opportunities Fund has increased its dividend by an average of 58.7% per year over the last three years.
KKR Income Opportunities Fund (NYSE:KIO) traded down 0.77% during trading on Tuesday, hitting $18.06. The stock had a trading volume of 107,811 shares. The firm has a 50 day moving average of $17.61 and a 200-day moving average of $17.50. KKR Income Opportunities Fund has a one year low of $14.63 and a one year high of $18.63.
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About KKR Income Opportunities Fund
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.
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