HIO (Western Asset Highome Oppor Fd) Dividend Payout Ratio: 5.33 (As of Mar. 2026) — 398% Above Median

What is Western Asset Highome Oppor Fd Dividend Payout Ratio?

Western Asset Highome Oppor Fd HIO 57 Dividend Payout Ratio is 5.33 as of Mar. 2026, which is 398% above its 10-year median of 1.07. GuruFocus rates HIO with a GF Score™ of 57/100 and a GF Value™ of $3.73 (Fairly Valued). The stock has 7 warning signs investors should review. Among 935 Asset Management companies, Western Asset Highome Oppor Fd ranks worse than 77.97% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Western Asset Highome Oppor Fd's Dividend Payout Ratio for the months ended in Mar. 2026 was 5.33.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Western Asset High Income Oppor Fd Inc is 1.47, which seems too high.

The historical rank and industry rank for Western Asset Highome Oppor Fd's Dividend Payout Ratio or its related term are showing as below:

HIO' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.68 Med: 1.07 Max: 2.78
Current: 1.47

During the past 9 years, the highest Dividend Payout Ratio of Western Asset Highome Oppor Fd was 2.78. The lowest was 0.68. And the median was 1.07.

HIO's Dividend Payout Ratio is ranked worse than
77.97% of 935 companies
in the Asset Management industry
Industry Median: 0.71 vs HIO: 1.47

As of today (2026-06-25), the Dividend Yield % of Western Asset Highome Oppor Fd is 11.83%.

During the past 9 years, the highest Trailing Annual Dividend Yield of Western Asset Highome Oppor Fd was 12.03%. The lowest was 6.25%. And the median was 8.11%.

Western Asset Highome Oppor Fd's Dividends per Share for the months ended in Mar. 2026 was $0.21.

During the past 3 years, the average Dividends Per Share Growth Rate was 5.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 2.70% per year.

During the past 9 years, the highest 3-Year average Dividends Per Share Growth Rate of Western Asset Highome Oppor Fd was 5.80% per year. The lowest was -1.00% per year. And the median was 3.65% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Western Asset Highome Oppor Fd (NYSE:HIO) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Western Asset Highome Oppor Fd Dividend Payout Ratio Related Terms

Western Asset Highome Oppor Fd Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Western Asset Highome Oppor Fd's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Western Asset Highome Oppor Fd Dividend Payout Ratio Chart

Western Asset Highome Oppor Fd Annual Data

Trend

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Sep25

Dividend Payout Ratio

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0.68

0.00

1.26

0.84

1.52

Western Asset Highome Oppor Fd Semi-Annual Data
	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24	Mar25	Sep25	Mar26
Dividend Payout Ratio	Get a 7-Day Free Trial													0.79	0.91	10.65	0.85	5.33

HIO vs EMF, MIY, HPF: Dividend Payout Ratio Comparison

For the Asset Management subindustry, Western Asset Highome Oppor Fd's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Western Asset Highome Oppor Fd Dividend Payout Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Western Asset Highome Oppor Fd's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Western Asset Highome Oppor Fd's Dividend Payout Ratio falls into.

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57GF Score

Western Asset High Income Oppor Fd Inc HIO

Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.

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Western Asset Highome Oppor Fd Dividend Payout Ratio Calculation

Western Asset Highome Oppor Fd's Dividend Payout Ratio for the fiscal year that ended in Sep. 2025 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Sep. 2025 )	/	EPS without NRI (A: Sep. 2025 )
	=	0.426	/	0.28
	=	1.52

Western Asset Highome Oppor Fd's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2026 )	/	EPS without NRI (Q: Mar. 2026 )
	=	0.213	/	0.04
	=	5.33

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 5.33 mean?

Western Asset Highome Oppor Fd (HIO) has a Dividend Payout Ratio of 5.33 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Western Asset Highome Oppor Fd and its competitors. This is 398% above median its historical median of 1.07. Over the past decade, Western Asset Highome Oppor Fd's Dividend Payout Ratio has ranged from 0.68 to 2.78. According to the industry distribution chart, Western Asset Highome Oppor Fd ranks #729 out of 935 companies in the Asset Management industry, placing it in the top 78%.

Is Western Asset Highome Oppor Fd's Dividend Payout Ratio too high?

Western Asset Highome Oppor Fd's current Dividend Payout Ratio of 5.33 is 398% above median its 10-year median of 1.07. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 2.78. The Asset Management industry median Dividend Payout Ratio is 0.71. Western Asset Highome Oppor Fd's value of 5.33 is 650.7% above this industry median. Based on the distribution chart, Western Asset Highome Oppor Fd ranks #729 out of 935 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Western Asset Highome Oppor Fd has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does Western Asset Highome Oppor Fd's Dividend Payout Ratio compare to EMF and MIY?

According to the Asset Management industry distribution chart, Western Asset Highome Oppor Fd ranks #729 out of 935 companies for Dividend Payout Ratio. This places Western Asset Highome Oppor Fd in the lower half of its industry. The industry median Dividend Payout Ratio is 0.71. Western Asset Highome Oppor Fd's value of 5.33 is 650.7% above this benchmark. Historically, Western Asset Highome Oppor Fd's own Dividend Payout Ratio has ranged from 0.68 to 2.78 over the past decade. While the company's 10-year median is 1.07 vs. the industry median of 0.71, Western Asset Highome Oppor Fd has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Dividend Payout Ratio for an Asset Management company?

The median Dividend Payout Ratio among Asset Management companies is 0.71, based on 935 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Western Asset Highome Oppor Fd's current Dividend Payout Ratio of 5.33 is 650.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Dividend Payout Ratio mean?

A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Western Asset Highome Oppor Fd and its competitors. For the Asset Management industry, the median Dividend Payout Ratio is 0.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Western Asset Highome Oppor Fd's current Dividend Payout Ratio is 5.33, which is 398% above median its own 10-year median of 1.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Western Asset Highome Oppor Fd stock overvalued right now?

Based on GuruFocus' analysis, Western Asset Highome Oppor Fd (HIO) is currently considered Fairly Valued. The stock's GF Value™ is $3.73, compared to a current price of $3.60 — trading 3.5% below its estimated fair value. The current Dividend Payout Ratio is 5.33, which is 398% above median its 10-year median of 1.07 and 650.7% above the Asset Management industry median of 0.71. Western Asset Highome Oppor Fd's overall GF Score™ is 57/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Dividend Payout Ratio calculated?

Dividend Payout Ratio is calculated from a company's financial statements. For Western Asset Highome Oppor Fd (HIO), the current Dividend Payout Ratio is 5.33 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Western Asset Highome Oppor Fd (HIO) Overvalued in 2026?

Based on GuruFocus' analysis, Western Asset Highome Oppor Fd stock appears to be undervalued. The current stock price of $3.60 is trading 3.5% below its estimated GF Value™ of $3.73. GuruFocus considers Western Asset Highome Oppor Fd to be Fairly Valued.

Key valuation signals for HIO:

Dividend Payout Ratio: 5.33 (398% above median its 10-year median of 1.07)
GF Value™: $3.73 vs. price of $3.60 (3.5% below fair value)
GF Score™: 57/100 with 7 warning signs
Industry Position: 650.7% above the Asset Management median (#729 of 935)

No single metric tells the full story. See the HIO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Western Asset Highome Oppor Fd Business Description

Industry Financial Services Asset Management

Comparable Companies EMF MIY HPF BKT JRI SCD EDD CAF PSBD CION BLK BX OSTO:INVE A TSX:BN KKR TSX:BAM APO STT OSTO:EQT AMP

Address One Madison Avenue, 17th Floor, New York, NY, USA, 10010

Website https://www.franklintempleton.com

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.

57GF Score

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Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.60

Price

$3.73

GF Value

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