Dividend Update for Western Asset High Yield Defined Opportunity Fund: Key Insights Ahead of May 22, 2025

Generated by AI AgentAinvest Dividend Digest
Sunday, May 18, 2025 7:10 pm ET1min read
HYI--
Western Asset High Yield Defined Opportunity Fund (HYI) has announced a dividend of $0.095 per share, with an ex-dividend date set for May 22, 2025, and a payment date on Jun 2, 2025. This figure represents a decrease compared to the average of the last ten dividends, which stands at $0.104. The dividend type, translated from Chinese, is a cash dividend. The company's last dividend distribution occurred on May 1, 2025, also at $0.095 per share, maintaining the same cash dividend type.

In recent developments, Western Asset High Yield Defined Opportunity Fund has witnessed significant activity and news coverage. Over the past week, Franklin Templeton Fund Adviser, LLC announced distributions for the months of June, July, and August 2025, which includes HYIHYI--. This announcement highlights the company's proactive approach to maintaining shareholder value through regular dividend distributions. Recently, analysts have upgraded Western Asset High IncomeHIO-- Opportunity Fund to a "Buy" status following its recent gains, although a dividend warning was issued for Western Asset High Income Fund II as its stock holds steady. This has implications for HYI, suggesting potential shifts in market sentiment and investor interest.

Since the last update, Western Asset High Yield Defined Opps. (NYSE:HYI) has been noted for its financial summary and valuation forecast. The stock recently experienced a minor dip, closing at $11.78, down by 0.051%. This fluctuation reflects the broader market dynamics and investor reactions to ongoing financial disclosures. As of late, industry analysts have been closely monitoring these developments, assessing their impact on the company's market performance and strategic direction.

In conclusion, investors should note that May 22, 2025, marks the ex-dividend date for Western Asset High Yield Defined Opportunity Fund. This date is crucial as it represents the final opportunity for investors to purchase shares and receive the upcoming dividend distribution. Any acquisitions made after this date will not qualify for the current dividend payout.

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