Western Asset High Income Stock (NYSE: HIO)

Western Asset High Income (NYSE:HIO) Stock, Quote.Headers.trade-ideas

Western Asset High Income

Western Asset High Income Oppor Fd Inc is a diversified closed-end management investment company. The company's primary objective is to seek high current income and the secondary objective is capital appreciation. It invests a majority of its net assets in high-yield corporate debt securities and the rest in common stock equivalents, including options, warrants, and rights. The company invests in securities of companies from various sectors such as energy, technology, utilities, industrials, communications, finance, and capital goods among others.

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Western Asset High Income Opportunity Fund, Inc. Common Stock

Western Asset High Income Oppor Fd Inc

<p><strong>Western Asset High Income</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HIO#NYSE">HIO</a>) declared a dividend payable on July 1, 2021 to its shareholders as of May 18, 2021. It was also announced that shareholders of Western Asset High Income's stock as of June 23, 2021 are entitled to the dividend. The stock is expected to become ex-dividend 1 business day(s) before the record date. Western Asset High Income, which has a current dividend per share of $0.03, has an ex-dividend date scheduled for June 22, 2021. That equates to a dividend yield of 7.02% at current price levels. </p>
<h2>The Significance Of An Ex-Dividend Date</h2>
<p>An ex-dividend date signals when a company's shares cease to trade with its current dividend payout. There is a small intermission period before the company announces a new dividend. Usually, a company's ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates does not qualify them to receive the declared payment. Newly declared dividends go to shareholders who have owned that stock before the ex-dividend date. Most ex-dividend dates operate on a quarterly basis.  </p>
<h2>Western Asset High Income's Dividend History</h2>
<p>Over the past year, Western Asset High Income has experienced no change regarding its dividend payouts and a downward trend regarding its yields. Last year on May 20, 2021 the company's payout was $0.03, which has returned to its value today. Western Asset High Income's dividend yield last year was 7.1%, which has since decreased by 0.08%.<br />
Companies use dividend yields in different strategic ways. Some companies may opt to not give yields altogether to reinvest in themselves. Other companies may opt to increase or decrease their yield amounts to control how their shares circulate throughout the stock market.  </p>
<p><a href="https://www.benzinga.com/stock/hio/dividends">Click here</a> to find details on Western Asset High Income's previous dividends.  </p>


Dividends

Understanding Western Asset High Income's Ex-Dividend Date

<p>On February 17, 2021, <strong>Western Asset High Income</strong> (NYSE:<a class="ticker" href="/stock/HIO#NYSE">HIO</a>) announced shareholders can expect to receive a dividend payable on June 1, 2021. The stock will then go ex-dividend 1 business day(s) before the record date. The ex-dividend date for Western Asset High Income is set for May 20, 2021. The company&#39;s current dividend payout sits at $0.03, equating to a dividend yield of 7.1% at current price levels.</p>
<h2>Understanding Ex-Dividend Dates&#39;</h2>
<p>Ex-dividend dates signal when company shares cease to trade with their current dividend payouts. There is a small intermission period before companies announce new dividends. Usually, a company&#39;s ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates does not qualify them to receive the declared payment. Newly declared dividends go to shareholders who have owned that stock before the ex-dividend date. Most ex-dividend dates operate on a quarterly basis.</p>
<h2>Western Asset High Income&#39;s Dividend Payouts And Yields</h2>
<p>Over the past year, Western Asset High Income has experienced no change regarding its dividend payouts and a downward trend regarding its yields. Last year on February 18, 2021 the company&#39;s payout was $0.03, which has returned to its value today. Western Asset High Income&#39;s dividend yield last year was 7.8%, which has since decreased by 0.7%.<br />
Companies use dividend yields in different strategic ways. Some companies may opt to not give yields altogether to reinvest in themselves. Other companies may opt to increase or decrease their yield amounts to control how their shares circulate throughout the stock market.</p>
<p>To read more news on Western Asset High Income <a href="https://www.benzinga.com/stock/hio/">click here</a>.</p>


Ex-Dividend Date Insight: Western Asset High Income

<p>On February 17, 2021, <strong>Western Asset High Income</strong> (NYSE:<a class="ticker" href="/stock/HIO#NYSE">HIO</a>) announced shareholders can expect to receive a dividend payable on June 1, 2021. The stock will then go ex-dividend 1 business day(s) before the record date. Western Asset High Income has an ex-dividend date planned for May 20, 2021. The company&#39;s current dividend payout sits at $0.03. That equates to a dividend yield of 7.1% at current price levels.</p>
<h2>What Is An Ex-Dividend Date?</h2>
<p>An ex-dividend date signals when a company&#39;s shares cease to trade with its current dividend payout. There is a small intermission period before the company announces a new dividend. Usually, a company&#39;s ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates does not qualify them to receive the declared payment. Newly declared dividends go to shareholders who have owned that stock before the ex-dividend date. Typically, companies will announce and implement new dividend yields on a quarterly basis.</p>
<h2>Understanding Western Asset High Income&#39;s Dividend Payouts And Yields</h2>
<p>Over the past year, Western Asset High Income has experienced no change regarding its dividend payouts and a downward trend regarding its yields. Last year on February 18, 2021 the company&#39;s payout was $0.03, which has returned to its value today. Western Asset High Income&#39;s dividend yield last year was 7.8%, which has since decreased by 0.7%.<br />
Companies use dividend yields in different strategic ways. Some companies may opt to not give yields altogether to reinvest in themselves. Other companies may opt to increase or decrease their yield amounts to control how their shares circulate throughout the stock market.</p>
<p>To read more news on Western Asset High Income <a href="https://www.benzinga.com/stock/hio/">click here</a>.</p>


<p><strong>Western Asset High Income</strong> (NYSE:<a class="ticker" href="/stock/HIO#NYSE">HIO</a>) declared a dividend payable on June 1, 2021 to its shareholders as of February 17, 2021. It was also announced that shareholders of Western Asset High Income&#39;s stock as of May 21, 2021 are entitled to the dividend. The stock is expected to become ex-dividend 1 business day(s) before the record date. Western Asset High Income, whose current dividend payout is $0.03, has an ex-dividend date set at May 20, 2021. The payout equates to a dividend yield of 7.1% at current price levels.</p>
<h2>Understanding Ex-Dividend Dates&#39;</h2>
<p>An ex-dividend date is when a company&#39;s shares stop trading with its current dividend payout in preparation for the company to announce a new one. Usually, a company&#39;s ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates does not qualify them to receive the declared payment. Newly declared dividends go to shareholders who have owned that stock before the ex-dividend date. Typically, companies will announce and implement new dividend yields on a quarterly basis.</p>
<h2>Western Asset High Income&#39;s Dividend History</h2>
<p>Over the past year, Western Asset High Income has experienced no change regarding its dividend payouts and a downward trend regarding its yields. Last year on February 18, 2021 the company&#39;s payout was $0.03, which has returned to its value today. Western Asset High Income&#39;s dividend yield last year was 7.8%, which has since decreased by 0.7%.<br />
Companies use dividend yields in different strategic ways. Some companies may opt to not give yields altogether to reinvest in themselves. Other companies may opt to increase or decrease their yield amounts to control how their shares circulate throughout the stock market.</p>
<p>To read more news on Western Asset High Income <a href="https://www.benzinga.com/stock/hio/">click here</a>.</p>


Analyzing Western Asset High Income's Ex-Dividend Date

<p>On November 17, 2020, <strong>Western Asset High Income</strong> (NYSE:<a class="ticker" href="/stock/HIO#NYSE">HIO</a>) announced shareholders can expect to receive a dividend payable on December 31, 2020. The stock will then go ex-dividend 1 business day(s) before the record date. The ex-dividend date for Western Asset High Income will be on December 22, 2020. The company&#39;s current dividend payout is at $0.03. That equates to a dividend yield of 7.8% at current price levels.</p>
<h2>The Significance Of An Ex-Dividend Date</h2>
<p>An ex-dividend date signals when a company&#39;s shares cease to trade with its current dividend payout. There is a small intermission period before the company announces a new dividend. Usually, a company&#39;s ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates does not qualify them to receive the declared payment. Newly declared dividends go to shareholders who have owned that stock before the ex-dividend date. Typically, companies will announce and implement new dividend yields on a quarterly basis.</p>
<h2>Western Asset High Income&#39;s Dividend Performance</h2>
<p>Over the past year, Western Asset High Income has seen its dividend payouts remain the same and its yields trend downward. Last year on October 22, 2020 the company&#39;s payout sat at $0.03, which has returned to its value today. Western Asset High Income&#39;s dividend yield last year was 7.89%, which has since decreased by 0.09%.<br />
Companies use dividend yields in different strategic ways. Some companies may opt to not give yields altogether to reinvest in themselves. Other companies may opt to increase or decrease their yield amounts to control how their shares circulate throughout the stock market.</p>
<p>To read more about Western Asset High Income <a href="https://www.benzinga.com/stock/hio/">click here</a>.</p>


<p>On November 17, 2020, <strong>Western Asset High Income</strong> (NYSE:&nbsp;<a class="ticker" href="/stock/HIO#NYSE">HIO</a>) announced shareholders can expect to receive a dividend payable on December 31, 2020. The stock will then go ex-dividend 1 business day(s) before the record date. Western Asset High Income, which has a current dividend per share of $0.03, has an ex-dividend date scheduled for December 22, 2020. That equates to a dividend yield of 7.8% at current price levels.</p>
<h2>Understanding Ex-Dividend Dates&#39;</h2>
<p>Ex-dividend dates are when company shares stop trading with their current dividend payouts in preparation for those companies to announce new ones. Usually, a company&#39;s ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates does not qualify them to receive the declared payment. Newly declared dividends go to shareholders who have owned that stock before the ex-dividend date. Most ex-dividend dates operate on a quarterly basis.</p>
<h2>Understanding Western Asset High Income&#39;s Dividend Payouts And Yields</h2>
<p>Over the past year, Western Asset High Income has seen its dividend payouts remain the same and its yields trend downward. Last year on October 22, 2020 the company&#39;s payout sat at $0.03, which has returned to its value today. Western Asset High Income&#39;s dividend yield last year was 7.89%, which has since decreased by 0.09%.<br />
Companies use dividend yields in different strategic ways. Some companies may opt to not give yields altogether to reinvest in themselves. Other companies may opt to increase or decrease their yield amounts to control how their shares circulate throughout the stock market.</p>
<p><a href="https://www.benzinga.com/stock/hio/dividends">Click here</a> to find details on Western Asset High Income&#39;s previous dividends.</p>


<p>&nbsp;</p>
<p>A Form 4 filing filed with the SEC on Monday, November 2 showed that Saba Capital Management, L.P. sold 66,654 shares of <strong>Western Asset High Income Opportunity Fund</strong>&nbsp;(NYSE:<a class="ticker" href="/stock/HIO#NYSE">HIO</a>) at an average price of $4.89. The transaction moved the executive&#39;s stake in Western Asset High Income to 12,655,329 shares.&nbsp;Western Asset High Income Opportunity Fund&nbsp;was trading 0.61% higher&nbsp;from the previous closing price.</p>
<h2>The Importance of Insider Transactions</h2>
<p>While transactions from an insider shouldn&#39;t be used as the sole item to make an investment or trading decision, an insider buying or selling stock in their company can be a good added factor that leads to more conviction in a decision.</p>
<p>Insiders buying stock after a notable sell off can indicate an insider&#39;s long-term belief in the success of the company; insiders buying stock at new highs can be an indication the exec doesn&#39;t feel the stock is overvalued. Conversely, insiders who are selling stock at new lows can potentially indicate some kind of capitulation moment. Insiders selling at new highs can indicate that exec wants to &quot;take some profit&quot; and &quot;lock in a gain.&quot;</p>
<h2>Important Transaction Codes</h2>
<p>Wall Street tends to focus on insider transactions which take place in the open market, viewed inside a Form 4 filing via codes <strong>P</strong> for purchase and <strong>S</strong> for sale. If the transaction was an open-market transaction, that means that the insider made a concious decision for the company&#39;s stock moving forward.</p>
<p>Transaction codes besides <strong>P</strong> or <strong>S</strong> aren&#39;t relatively important as they are seldom tied to a decision by the executive. For example, transaction code <strong>A</strong> is indicative of an insider being forced to sell shares to attain compensation. Moreover, transaction code <strong>C</strong> indicates the conversion of an option.</p>
<p>&nbsp;</p>
<p><img src="blob:https://www.benzinga.com/c40bd67d-3895-4a4a-92ea-9564e9e97ee9" /></p>


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