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Western Asset Highome Oppor Fd (Western Asset Highome Oppor Fd) Dividend Yield % : 10.76% (As of Apr. 26, 2024)


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What is Western Asset Highome Oppor Fd Dividend Yield %?

As of today (2024-04-26), the Trailing Annual Dividend Yield of Western Asset Highome Oppor Fd is 10.76%.

Good Sign:

Western Asset High Income Oppor Fd Inc stock dividend yield is close to 10-year high.

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

HIO' s Dividend Yield % Range Over the Past 10 Years
Min: 6.25   Med: 7.53   Max: 10.9
Current: 10.76

During the past 7 years, the highest Dividend Yield of Western Asset Highome Oppor Fd was 10.90%. The lowest was 6.25%. And the median was 7.53%.

HIO's Dividend Yield % is ranked better than
85.68% of 1215 companies
in the Asset Management industry
Industry Median: 5.65 vs HIO: 10.76

Western Asset Highome Oppor Fd's Dividend Payout Ratio for the six months ended in Sep. 2023 was 2.37.

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 1.29, which seems too high.

During the past 7 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.

As of today (2024-04-26), the Forward Dividend Yield % of Western Asset Highome Oppor Fd is 11.34%.

Western Asset Highome Oppor Fd's Dividends per Share for the six months ended in Sep. 2023 was $0.20.

During the past 12 months, Western Asset Highome Oppor Fd's average Dividends Per Share Growth Rate was 4.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -1.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 2.50% per year.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Western Asset Highome Oppor Fd was 4.70% per year. The lowest was -1.00% per year. And the median was 2.00% per year.

The growth rate is calculated with least square regression.

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


Western Asset Highome Oppor Fd Dividend Yield % Historical Data

The historical data trend for Western Asset Highome Oppor Fd'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.

* Premium members only.

Western Asset Highome Oppor Fd Dividend Yield % Chart

Western Asset Highome Oppor Fd Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Dividend Yield %
Get a 7-Day Free Trial 6.69 7.83 7.18 9.78 10.04

Western Asset Highome Oppor Fd Semi-Annual Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.18 8.05 9.78 9.45 10.04

Competitive Comparison of Western Asset Highome Oppor Fd's Dividend Yield %

For the Asset Management subindustry, Western Asset Highome Oppor Fd'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 Highome Oppor Fd's Dividend Yield % Distribution in the Asset Management Industry

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

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



Western Asset Highome Oppor Fd Dividend Yield % Calculation

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

Western Asset Highome Oppor Fd Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0362024-04-222024-04-232024-05-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0362024-03-202024-03-212024-04-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0362024-02-212024-02-222024-03-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0362024-01-232024-01-242024-02-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0362023-12-202023-12-212023-12-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0362023-11-212023-11-222023-12-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0362023-10-232023-10-242023-11-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0362023-09-212023-09-222023-10-02Cash DividendmonthlyUSD:USD 1.000000
USD 0.0302023-08-232023-08-242023-09-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0302023-07-212023-07-242023-08-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0302023-06-222023-06-232023-07-03Cash DividendmonthlyUSD:USD 1.000000
USD 0.0302023-05-222023-05-232023-06-01Cash 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 Highome Oppor Fd's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.408/3.755
=10.87 %

Current Share Price is $3.755.
Western Asset Highome Oppor Fd's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.408.

Western Asset Highome Oppor Fd's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.432/3.755
=11.50 %

Current Share Price is $3.755.
Western Asset Highome Oppor Fd's Dividends per Share for the forward twelve months is calculated as $0.036 * 12 = $0.432.

* 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  (NYSE:HIO) 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 Highome Oppor Fd Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Western Asset Highome Oppor Fd's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Western Asset Highome Oppor Fd (Western Asset Highome Oppor Fd) Business Description

Traded in Other Exchanges
N/A
Address
620 Eighth Avenue, 47th Floor, New York, NY, USA, 10018
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 in various sectors such as auto components, hotels, restaurants and leisure, household durables, food & staples, energy, banks, capital markets, consumer finance, insurance, pharmaceuticals, aerospace and defense, and others.
Executives
Oliveira Marc De officer: Secretary/Chief Legal Officer C/O LEGG MASON & CO. LLC, ONE FIRST STAMFORD PLACE, STAMFORD CT 06902
Hoffmann Courtney A. other: Secretary/GC Subadviser WESTERN ASSET MANAGEMENT COMPANY, LLC, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
Carol L Colman director 278 HAWLEY RD, NORTH SALEM NY 10560
Daniel P Cronin director 235 EAST 42ND ST, NEW YORK NY 10017
Andrew J. Bowden other: COO/Subadviser WESTERN ASSET MANAGEMENT COMPANY, LLC, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
William R Hutchinson director 535 N MICHIGAN STE 1012, CHICAGO IL 60611
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Laura F Fergerson other: Manager/Investment Manager 3310 QUALITY DRIVE, 2ND FLOOR, RANCHO CORDOVA CA 95670
Brian Eakes other: Manager/Investment Manager 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
George P. Hoyt officer: Secretary and Ch Lgl Officer C/O FRANKLIN TEMPLETON, 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Matthew Nicholls other: Director of Sub-Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Jennifer M Johnson other: Director of Sub-Adviser C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY, SAN MATEO CA 94403-1906
Jed A. Plafker other: Director of Sub-Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Fred Steven Jensen officer: Chief Compliance Officer LEGG MASON, 620 EIGHTH AVENUE, 49TH FLOOR, NEW YORK NY 10018
Christopher Berarducci officer: Treas/Principal Finan Officer LEGG MASON, 620 EIGHTH AVENUE, NEW YORK NY 10018

Western Asset Highome Oppor Fd (Western Asset Highome Oppor Fd) Headlines

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