Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI) announced a monthly dividend on Tuesday, November 14th, Wall Street Journal reports. Investors of record on Friday, December 22nd will be paid a dividend of 0.09 per share on Friday, December 29th. This represents a $1.08 annualized dividend and a dividend yield of 7.17%. The ex-dividend date is Thursday, December 21st.

Western Asset High Yield Defined Opportunity Fund has decreased its dividend by an average of 6.2% annually over the last three years.

Shares of Western Asset High Yield Defined Opportunity Fund (NYSE:HYI) traded down $0.10 on Tuesday, hitting $15.07. The company had a trading volume of 53,900 shares, compared to its average volume of 65,828. Western Asset High Yield Defined Opportunity Fund has a one year low of $14.21 and a one year high of $16.14.

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Dividend History for Western Asset High Yield Defined Opportunity Fund (NYSE:HYI)

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