Wells Fargo Income Opportunities Fund (NYSE:EAD) announced a monthly dividend on Monday, November 13th, Wall Street Journal reports. Investors of record on Wednesday, December 13th will be paid a dividend of 0.0564 per share by the closed-end fund on Tuesday, January 2nd. This represents a $0.68 dividend on an annualized basis and a yield of 8.04%. The ex-dividend date of this dividend is Tuesday, December 12th.

Wells Fargo Income Opportunities Fund has decreased its dividend payment by an average of 1.1% per year over the last three years.

Shares of Wells Fargo Income Opportunities Fund (EAD) traded down $0.08 during trading hours on Monday, reaching $8.42. 203,375 shares of the company were exchanged, compared to its average volume of 165,425. Wells Fargo Income Opportunities Fund has a 1 year low of $7.55 and a 1 year high of $8.97.

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Wells Fargo Income Opportunities Fund Company Profile

Wells Fargo Income Opportunities Fund (the Fund), formerly Wells Fargo Advantage Income Opportunities Fund, is a diversified closed-end management investment company. The Fund’s investment objective is to seek high level of current income and capital appreciation is its secondary objective. The Fund may invest in direct debt instruments, which are interests in amounts owed to lenders by corporate or other borrowers.

Dividend History for Wells Fargo Income Opportunities Fund (NYSE:EAD)

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