HYI (Western Asset High Yield Defined Opps.) Dividend Yield %: 10.94% (As of Jul. 24, 2026) — 22% Above Median

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HYI Western Asset High Yield Defined Opps. HYI
32 GF Score
Price $10.42
! 4 Warning Signs
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What is Western Asset High Yield Defined Opps. Dividend Yield %?

Western Asset High Yield Defined Opps. HYI -0.76% 32 Dividend Yield % is 10.94% as of Jul. 24, 2026, which is 22% above its 10-year median of 8.97. GuruFocus rates HYI with a GF Score™ of 32/100. The stock has 4 warning signs investors should review. Among 1,114 Asset Management companies, Western Asset High Yield Defined Opps. ranks better than 84.02% on this metric.

As of today (2026-07-24), the Trailing Annual Dividend Yield of Western Asset High Yield Defined Opps. is 10.94%.

Good Sign:

Western Asset High Yield Defined Opps. stock Dividend Yield % is close to 10-year high.

The historical rank and industry rank for Western Asset High Yield Defined Opps.'s Dividend Yield % or its related term are showing as below:

HYI' s Dividend Yield % Range Over the Past 10 Years
Min: 6.57   Med: 8.97   Max: 10.96
Current: 10.94

During the past 8 years, the highest Dividend Yield of Western Asset High Yield Defined Opps. was 10.96%. The lowest was 6.57%. And the median was 8.97%.

HYI's Dividend Yield % is ranked better than
84.02% of 1114 companies
in the Asset Management industry
Industry Median: 5.895 vs HYI: 10.94

Western Asset High Yield Defined Opps.'s Dividend Payout Ratio for the six months ended in Nov. 2025 was 0.95.

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 Yield Defined Opps. is 1.52, which seems too high.

During the past 8 years, the highest Dividend Payout Ratio of Western Asset High Yield Defined Opps. was 3.00. The lowest was 0.50. And the median was 1.16.

As of today (2026-07-24), the Forward Dividend Yield % of Western Asset High Yield Defined Opps. is 10.94%.

Western Asset High Yield Defined Opps.'s Dividends per Share for the six months ended in Nov. 2025 was $0.57.

During the past 3 years, the average Dividends Per Share Growth Rate was 0.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 0.40% per year.

During the past 8 years, the highest 3-Year average Dividends Per Share Growth Rate of Western Asset High Yield Defined Opps. was 2.20% per year. The lowest was 0.10% per year. And the median was 0.70% 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 High Yield Defined Opps.  (NYSE:HYI) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, 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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.

Western Asset High Yield Defined Opps. Dividend Yield % Related Terms

Western Asset High Yield Defined Opps. Dividend Yield % Historical Data

* Premium members only.

The historical data trend for Western Asset High Yield Defined Opps.'s Dividend Yield % 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 High Yield Defined Opps. Dividend Yield % Chart

Western Asset High Yield Defined Opps. Annual Data
Trend May18 May19 May20 May21 May22 May23 May24 May25
Dividend Yield %
Get a 7-Day Free Trial 7.33 8.82 9.91 9.94 9.62

Western Asset High Yield Defined Opps. Semi-Annual Data
Feb17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.74 9.94 9.39 9.62 10.21

HYI vs HEQ, CIK, CEE: Dividend Yield % Comparison

For the Asset Management subindustry, Western Asset High Yield Defined Opps.'s Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 High Yield Defined Opps. Dividend Yield % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Western Asset High Yield Defined Opps.'s Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Western Asset High Yield Defined Opps.'s Dividend Yield % falls into.


HYI
32GF Score
Western Asset High Yield Defined Opps. HYI
Dividend Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Western Asset High Yield Defined Opps. Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Western Asset High Yield Defined Opps. Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0950002026-07-242026-07-242026-07-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0950002026-06-232026-06-232026-06-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0950002026-05-212026-05-212026-05-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0950002026-04-232026-04-232026-04-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0950002026-03-242026-03-242026-03-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0950002026-02-202026-02-202026-02-27Cash DividendmonthlyUSD:USD 1.000000
USD 0.0950002026-01-232026-01-232026-01-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0950002025-12-232025-12-232025-12-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0950002025-11-202025-11-202025-12-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0950002025-10-242025-10-242025-11-03Cash DividendmonthlyUSD:USD 1.000000
USD 0.0950002025-09-232025-09-232025-10-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0950002025-08-222025-08-222025-09-02Cash DividendmonthlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Western Asset High Yield Defined Opps.'s Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.14/10.42
=10.94 %

Current Share Price is $10.42.
Western Asset High Yield Defined Opps.'s Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.14.

Western Asset High Yield Defined Opps.'s Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.14/10.42
=10.94 %

Current Share Price is $10.42.
Western Asset High Yield Defined Opps.'s Dividends per Share for the forward twelve months is calculated as $0.095 * 12 = $1.14.

* 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.

Frequently Asked Questions Learn more about Dividend Yield % →
What does a Dividend Yield % of 10.94% mean?
Western Asset High Yield Defined Opps. (HYI) has a Dividend Yield % of 10.94% as of Jul. 24, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on Western Asset High Yield Defined Opps. and its competitors. This is 22% above median its historical median of 8.97. Over the past decade, Western Asset High Yield Defined Opps.'s Dividend Yield % has ranged from 6.57 to 10.96. According to the industry distribution chart, Western Asset High Yield Defined Opps. ranks #178 out of 1114 companies in the Asset Management industry, placing it in the top 16%.
Is Western Asset High Yield Defined Opps.'s Dividend Yield % too high?
Western Asset High Yield Defined Opps.'s current Dividend Yield % of 10.94% is 22% above median its 10-year median of 8.97. Over the past 10 years, this metric has ranged from a low of 6.57 to a high of 10.96. The Asset Management industry median Dividend Yield % is 5.90. Western Asset High Yield Defined Opps.'s value of 10.94% is 85.6% above this industry median. Based on the distribution chart, Western Asset High Yield Defined Opps. ranks #178 out of 1114 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Western Asset High Yield Defined Opps. has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Western Asset High Yield Defined Opps.'s Dividend Yield % compare to HEQ and CIK?
According to the Asset Management industry distribution chart, Western Asset High Yield Defined Opps. ranks #178 out of 1114 companies for Dividend Yield %. This places Western Asset High Yield Defined Opps. in the top 16% of its industry — outperforming the majority of peers. The industry median Dividend Yield % is 5.90. Western Asset High Yield Defined Opps.'s value of 10.94% is 85.6% above this benchmark. Historically, Western Asset High Yield Defined Opps.'s own Dividend Yield % has ranged from 6.57 to 10.96 over the past decade. While the company's 10-year median is 8.97 vs. the industry median of 5.90, Western Asset High Yield Defined Opps. 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 Yield % for an Asset Management company?
The median Dividend Yield % among Asset Management companies is 5.90, based on 1,114 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Western Asset High Yield Defined Opps.'s current Dividend Yield % of 10.94% is 85.6% 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 Yield % mean?
A high Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Dividend yield is the ratio of company dividends to the share price. View historical data on Western Asset High Yield Defined Opps. and its competitors. For the Asset Management industry, the median Dividend Yield % is 5.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Western Asset High Yield Defined Opps.'s current Dividend Yield % is 10.94%, which is 22% above median its own 10-year median of 8.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Asset High Yield Defined Opps. stock overvalued right now?
Western Asset High Yield Defined Opps. (HYI) has a current Dividend Yield % of 10.94%. The current Dividend Yield % is 10.94%, which is 22% above median its 10-year median of 8.97 and 85.6% above the Asset Management industry median of 5.90. Western Asset High Yield Defined Opps.'s overall GF Score™ is 32/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Yield % calculated?
Dividend Yield % is calculated from a company's financial statements. For Western Asset High Yield Defined Opps. (HYI), the current Dividend Yield % is 10.94% as of Jul. 24, 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.

Western Asset High Yield Defined Opps. Business Description

Address One Madison Avenue, 17th Floor, New York, NY, USA, 10010
Western Asset High Yield Defined Opps. is a non-diversified, limited-term, closed-end management investment company. The company's investment objective is to provide high income and seek capital appreciation. The fund invests a majority of its net assets in a portfolio of high-yield corporate fixed-income securities issued or originated by U.S. or foreign public or private corporations and other business entities, with varying maturities.
32GF Score

Get the complete analysis for HYI

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

$10.42
Price