NYSE:HIO - Western Asset High Income Stock Price, Price Target & More

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$4.85 +0.01 (+0.21 %)
(As of 05/22/2018 03:51 AM ET)
Previous Close$4.84
Today's Range$4.83 - $4.86
52-Week Range$4.76 - $5.21
Volume168,600 shs
Average Volume349,976 shs
Market Capitalization$634.53 million
P/E RatioN/A
Dividend Yield6.48%
Beta0.41

About Western Asset High Income (NYSE:HIO)

Western Asset High Income Opportunity Fund Inc. is a diversified, closed-end management investment company. The Fund seeks high current income. Capital appreciation is a secondary objective. It invests, under normal market conditions, approximately 80% of its net assets in high-yield securities and over 20% in common stock equivalents, including options, warrants and rights. The Fund invests in sectors, such as auto components, hotels, restaurants and leisure, household durables, multiline retail, specialty retail, beverages, food and staples, food products, household products, tobacco, energy equipment and services, oil, gas and consumable fuels, banks, capital markets, consumer finance, insurance, biotechnology, healthcare equipment and supplies, pharmaceuticals, aerospace and defense, and building products. Western Asset Management Company and Western Asset Management Company Limited are the sub-advisors of the Fund. Legg Mason Partners Fund Advisor, LLC is its investment manager.

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Industry, Sector and Symbol

Industry N/A
Sub-IndustryN/A
SectorN/A
SymbolNYSE:HIO
CUSIPN/A
Phone+1-800-7770102

Debt

Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A

Miscellaneous

EmployeesN/A
Outstanding Shares129,230,000

Western Asset High Income (NYSE:HIO) Frequently Asked Questions

What is Western Asset High Income's stock symbol?

Western Asset High Income trades on the New York Stock Exchange (NYSE) under the ticker symbol "HIO."

How often does Western Asset High Income pay dividends? What is the dividend yield for Western Asset High Income?

Western Asset High Income declared a monthly dividend on Tuesday, May 15th. Investors of record on Friday, July 20th will be paid a dividend of $0.0265 per share on Wednesday, August 1st. This represents a $0.32 annualized dividend and a yield of 6.56%. The ex-dividend date is Thursday, July 19th. View Western Asset High Income's Dividend History.

Who are Western Asset High Income's key executives?

Western Asset High Income's management team includes the folowing people:
  • Jane E. Trust, Chairman of the Board, President, Chief Executive Officer (Age 55)
  • Richard F. Sennett, Principal Financial Officer (Age 47)
  • Ted P. Becker, Chief Compliance Officer (Age 66)
  • Steven Frank, Treasurer (Age 50)
  • Jenna Bailey, Identity Theft Prevention Officer (Age 39)
  • Robert I. Frenkel, Secretary, Chief Legal Officer (Age 63)
  • William R. Hutchinson, Lead Independent Director (Age 75)
  • Robert D. Agdern, Director (Age 67)
  • Carol L. Colman, Independent Director (Age 71)
  • Daniel P. Cronin, Independent Director (Age 71)

Has Western Asset High Income been receiving favorable news coverage?

News headlines about HIO stock have trended somewhat positive this week, according to Accern Sentiment. The research firm rates the sentiment of news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Western Asset High Income earned a daily sentiment score of 0.05 on Accern's scale. They also assigned news stories about the closed-end fund an impact score of 46.02 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.

Who are Western Asset High Income's major shareholders?

Western Asset High Income's stock is owned by a number of of retail and institutional investors. Top institutional investors include Saba Capital Management L.P. (6.25%), UBS Group AG (3.92%), Kovitz Investment Group Partners LLC (0.38%), 1607 Capital Partners LLC (0.23%), Royal Bank of Canada (0.23%) and Millennium Management LLC (0.17%). View Institutional Ownership Trends for Western Asset High Income.

Which major investors are selling Western Asset High Income stock?

HIO stock was sold by a variety of institutional investors in the last quarter, including Royal Bank of Canada, Kovitz Investment Group Partners LLC, Doliver Capital Advisors LP, Landscape Capital Management L.L.C., Pin Oak Investment Advisors Inc. and 6 Meridian. View Insider Buying and Selling for Western Asset High Income.

Which major investors are buying Western Asset High Income stock?

HIO stock was purchased by a variety of institutional investors in the last quarter, including Saba Capital Management L.P., 1607 Capital Partners LLC, UBS Group AG, Millennium Management LLC, Citadel Advisors LLC, SG Americas Securities LLC, Vivaldi Capital Management LLC and First Allied Advisory Services Inc.. View Insider Buying and Selling for Western Asset High Income.

How do I buy shares of Western Asset High Income?

Shares of HIO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Western Asset High Income's stock price today?

One share of HIO stock can currently be purchased for approximately $4.85.

How big of a company is Western Asset High Income?

Western Asset High Income has a market capitalization of $634.53 million.

How can I contact Western Asset High Income?

Western Asset High Income's mailing address is 620 8th Ave Fl 49, NEW YORK, NY 10018-1618, United States. The closed-end fund can be reached via phone at +1-800-7770102.


MarketBeat Community Rating for Western Asset High Income (HIO)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  37 (Vote Outperform)
Underperform Votes:  33 (Vote Underperform)
Total Votes:  70
MarketBeat's community ratings are surveys of what our community members think about Western Asset High Income and other stocks. Vote "Outperform" if you believe HIO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe HIO will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Western Asset High Income (NYSE:HIO) Analyst Ratings History

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
(Data available from 5/22/2016 forward)

Earnings

Western Asset High Income (NYSE:HIO) Earnings History and Estimates Chart

Earnings by Quarter for Western Asset High Income (NYSE:HIO)

Western Asset High Income (NYSE HIO) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/12/2014Q3 2014$0.11ViewN/AView Earnings Details
8/29/2013Q3 2013$0.11ViewN/AView Earnings Details
2/14/2012Q1 2012$0.12ViewN/AView Earnings Details
8/24/2011Q3 2011$0.19ViewN/AView Earnings Details
1/29/2009Q1 2009$1.50ViewN/AView Earnings Details
(Earnings results data provided by Zacks Investment Research)

Dividends

Western Asset High Income (NYSE:HIO) Dividend Information

Western Asset High Income pays an annual dividend of $0.33 per share, with a dividend yield of 6.80%. HIO's next monthly dividend payment will be made on Wednesday, August 1.
Next Dividend:8/1/2018
Annual Dividend:$0.33
Dividend Yield:6.80%
Dividend Growth:-6.20% (3 Year Average)
Payout Ratio(s):N/A
Frequency:Monthly Dividend
Dividend Payments by Quarter for Western Asset High Income (NYSE:HIO)

Western Asset High Income (NYSE:HIO) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/15/2018monthly$0.02656.63%7/19/20187/20/20188/1/2018
5/15/2018monthly$0.02656.63%8/23/20188/24/20189/4/2018
5/15/2018monthly$0.02656.63%6/21/20186/22/20187/2/2018
2/16/2018monthly$0.02656.5%3/22/20183/23/20184/2/2018
2/16/2018monthly$0.02656.5%4/19/20184/20/20185/1/2018
2/16/2018monthly$0.02656.5%5/24/20185/25/20186/1/2018
11/14/2017monthly$0.02756.71%2/15/20182/16/20183/1/2018
11/14/2017monthly$0.02756.71%12/21/201712/22/201712/29/2017
11/14/2017monthly$0.02756.71%1/18/20181/19/20182/1/2018
8/15/2017monthly$0.02906.86%10/19/201710/20/201711/1/2017
8/15/2017monthly$0.02906.86%11/22/201711/24/201712/1/2017
8/15/2017monthly$0.02906.86%9/21/20179/22/201710/2/2017
5/18/2017monthly$0.037%7/19/20177/21/20178/1/2017
5/18/2017monthly$0.037%6/21/20176/23/20177/3/2017
5/18/2017monthly$0.037%8/23/20178/25/20179/1/2017
2/16/2017monthly$0.03057.15%5/17/20175/19/20176/1/2017
2/16/2017monthly$0.03057.15%4/19/20174/21/20175/1/2017
2/16/2017monthly$0.03057.15%3/22/20173/24/20174/3/2017
5/21/2015monthly$0.03557.93%8/19/20158/21/20158/28/2015
5/21/2015monthly$0.03557.93%6/17/20156/19/20156/26/2015
5/21/2015monthly$0.03557.93%7/22/20157/24/20157/31/2015
2/19/2015monthly$0.03558.02%5/20/20155/22/20155/29/2015
2/19/2015monthly$0.03558.02%4/15/20154/17/20154/24/2015
2/19/2015monthly$0.03558.02%3/18/20153/20/20153/27/2015
11/19/2014monthly$0.03557.63%12/17/201412/19/201412/26/2014
11/19/2014monthly$0.03557.63%1/21/20151/23/20151/30/2015
11/19/2014monthly$0.03557.63%2/18/20152/20/20152/27/2015
8/18/2014monthly$0.03557.15%9/17/20149/19/20149/26/2014
8/18/2014monthly$0.03557.15%11/19/201411/21/201411/28/2014
8/18/2014monthly$0.03557.15%10/22/201410/24/201410/31/2014
5/20/2014monthly$0.03657.13%8/20/20148/22/20148/29/2014
5/20/2014monthly$0.03657.13%7/16/20147/18/20147/25/2014
5/20/2014jun 14$0.03557.13%6/18/20146/20/20146/27/2014
2/14/2014monthly$0.03657.28%4/15/20144/17/20144/25/2014
2/14/2014monthly$0.03657.28%5/21/20145/23/20145/30/2014
2/14/2014monthly$0.03657.28%3/19/20143/21/20143/28/2014
11/19/2013monthly$0.03757.44%2/19/20142/21/20142/28/2014
11/19/2013monthly$0.03757.44%12/18/201312/20/201312/27/2013
11/19/2013monthly$0.03757.44%1/22/20141/24/20141/31/2014
11/18/2013dec 13$0.037512/18/201312/20/201312/27/2013
8/19/2013monthly$0.03757.94%11/20/201311/22/201311/29/2013
8/19/2013monthly$0.03757.94%9/18/20139/20/20139/27/2013
8/19/2013monthly$0.03757.94%10/16/201310/18/201310/25/2013
8/19/2013sep 13$0.03909/18/20139/20/20139/27/2013
(Data available from 1/1/2013 forward)

Insider Trades

Western Asset High Income (NYSE HIO) Insider Trading and Institutional Ownership History

Insider Trading History for Western Asset High Income (NYSE:HIO)
Insider Trading History for Western Asset High Income (NYSE:HIO)

Western Asset High Income (NYSE HIO) Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
1/4/2017Daniel P. CroninDirectorSell2,600$5.23$13,598.00View SEC Filing  
7/10/2013Stephen A WalshInsiderBuy7,455$5.81$43,313.55View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Western Asset High Income (NYSE HIO) News Headlines

Source:
DateHeadline
Western Asset High Income to Issue Monthly Dividend of $0.03 (HIO)Western Asset High Income to Issue Monthly Dividend of $0.03 (HIO)
www.americanbankingnews.com - May 15 at 5:38 PM
Western Asset High Income (HIO) Plans $0.03 Monthly DividendWestern Asset High Income (HIO) Plans $0.03 Monthly Dividend
www.americanbankingnews.com - May 15 at 5:38 PM
CORRECTING and REPLACING Western Asset High Income Opportunity Fund Inc. Portfolio Composition as of March 31, 2018CORRECTING and REPLACING Western Asset High Income Opportunity Fund Inc. Portfolio Composition as of March 31, 2018
finance.yahoo.com - May 1 at 3:44 PM
Western Asset High Income Opportunity Fund Inc. Portfolio Composition as of March 31, 2018Western Asset High Income Opportunity Fund Inc. Portfolio Composition as of March 31, 2018
finance.yahoo.com - April 26 at 3:45 PM
Western Asset High Income Opportunity Fund goes ex-dividend tomorrowWestern Asset High Income Opportunity Fund goes ex-dividend tomorrow
seekingalpha.com - April 18 at 3:50 PM
Landscape Capital Management L.L.C. Grows Holdings in Western Asst High Incm Opprtnty Fnd Inc. (HIO)Landscape Capital Management L.L.C. Grows Holdings in Western Asst High Incm Opprtnty Fnd Inc. (HIO)
www.americanbankingnews.com - March 6 at 1:05 PM
FCA Corp TX Has $4.78 Million Stake in Western Asst High Incm Opprtnty Fnd Inc. (HIO)FCA Corp TX Has $4.78 Million Stake in Western Asst High Incm Opprtnty Fnd Inc. (HIO)
www.americanbankingnews.com - March 2 at 6:10 PM
Western Asset High Income Opportunity Fund Inc. Announces Financial Position as of December 31, 2017Western Asset High Income Opportunity Fund Inc. Announces Financial Position as of December 31, 2017
finance.yahoo.com - February 26 at 10:29 AM
Western Asst High Incm Opprtnty Fnd Inc. Declares Monthly Dividend of $0.03 (HIO)Western Asst High Incm Opprtnty Fnd Inc. Declares Monthly Dividend of $0.03 (HIO)
www.americanbankingnews.com - February 16 at 6:22 PM
Western Asst High Incm Opprtnty Fnd Inc. (HIO) to Issue $0.03 Monthly DividendWestern Asst High Incm Opprtnty Fnd Inc. (HIO) to Issue $0.03 Monthly Dividend
www.americanbankingnews.com - February 16 at 6:22 PM
Western Asst High Incm Opprtnty Fnd Inc. (HIO) Announces Monthly Dividend of $0.03Western Asst High Incm Opprtnty Fnd Inc. (HIO) Announces Monthly Dividend of $0.03
www.americanbankingnews.com - February 16 at 6:22 PM
Western Asset High Income Opportunity Fund Inc. Portfolio Composition as of December 31, 2017Western Asset High Income Opportunity Fund Inc. Portfolio Composition as of December 31, 2017
finance.yahoo.com - February 6 at 8:26 AM
Western Asst High Incm Opprtnty Fnd Inc. Announces Monthly Dividend of $0.03 (HIO)Western Asst High Incm Opprtnty Fnd Inc. Announces Monthly Dividend of $0.03 (HIO)
www.americanbankingnews.com - November 14 at 5:34 PM
Western Asst High Incm Opprtnty Fnd Inc. Plans Monthly Dividend of $0.03 (HIO)Western Asst High Incm Opprtnty Fnd Inc. Plans Monthly Dividend of $0.03 (HIO)
www.americanbankingnews.com - November 14 at 5:34 PM
Western Asset High Income Opportunity Fund Inc. Portfolio Composition as of September 30, 2017Western Asset High Income Opportunity Fund Inc. Portfolio Composition as of September 30, 2017
finance.yahoo.com - November 8 at 9:35 AM
Western Asset High Income Opportunity Fund declares $0.029 dividendWestern Asset High Income Opportunity Fund declares $0.029 dividend
seekingalpha.com - September 20 at 8:02 PM
Western Asset High Income Opportunity Fund Breaks Below 200-Day Moving Average - Notable For HIOWestern Asset High Income Opportunity Fund Breaks Below 200-Day Moving Average - Notable For HIO
www.thestreet.com - September 9 at 1:03 AM
1 Dangerous Fund to Sell Now – 3 Bargains to Buy Instead1 Dangerous Fund to Sell Now – 3 Bargains to Buy Instead
www.nasdaq.com - August 23 at 2:10 AM
Western Asst High Incm Opprtnty Fnd Inc. (HIO) to Issue Monthly Dividend of $0.03Western Asst High Incm Opprtnty Fnd Inc. (HIO) to Issue Monthly Dividend of $0.03
www.americanbankingnews.com - August 15 at 6:53 PM
Western Asst High Incm Opprtnty Fnd Inc. (HIO) Declares $0.03 Monthly DividendWestern Asst High Incm Opprtnty Fnd Inc. (HIO) Declares $0.03 Monthly Dividend
www.americanbankingnews.com - August 15 at 6:53 PM
BRIEF-Western Asset High Income Opportunity Fund posts qtrly NAV $5.63/shareBRIEF-Western Asset High Income Opportunity Fund posts qtrly NAV $5.63/share
www.reuters.com - August 8 at 5:03 AM
Western Asset High Income Opportunity Fund Inc. Announces Financial Position as of June 30, 2017Western Asset High Income Opportunity Fund Inc. Announces Financial Position as of June 30, 2017
finance.yahoo.com - August 7 at 6:58 PM
Western Asset High Income Opportunity Fund Inc. Portfolio Composition as of June 30, 2017Western Asset High Income Opportunity Fund Inc. Portfolio Composition as of June 30, 2017
finance.yahoo.com - August 4 at 7:42 PM
Western Asset High Yield Defined Opportunity Fund Inc. Portfolio Composition as of March 31, 2017Western Asset High Yield Defined Opportunity Fund Inc. Portfolio Composition as of March 31, 2017
www.businesswire.com - April 27 at 6:16 PM
Areas Of Opportunity In Fixed-Income CEFsAreas Of Opportunity In Fixed-Income CEFs
seekingalpha.com - April 14 at 5:43 PM
Reduce Interest-Rate Risk With These High-Yield FundsReduce Interest-Rate Risk With These High-Yield Funds
seekingalpha.com - March 16 at 8:47 PM
3 Top-Ranked Legg Mason Mutual Funds to Boost Your Portfolio3 Top-Ranked Legg Mason Mutual Funds to Boost Your Portfolio
www.zacks.com - March 10 at 10:09 AM
The 2017 Bond Strategy That Goldman and BlackRock BackThe 2017 Bond Strategy That Goldman and BlackRock Back
www.bloomberg.com - January 3 at 8:26 PM
Western Asset High Income Opportunity Fund Inc....Western Asset High Income Opportunity Fund Inc....
www.benzinga.com - August 1 at 5:19 PM
Western Asset High Income Opportunity Fund, Inc. (HIO) Ex-DividendWestern Asset High Income Opportunity Fund, Inc. (HIO) Ex-Dividend
www.nasdaq.com - July 19 at 5:33 PM

SEC Filings

Western Asset High Income (NYSE:HIO) SEC Filings

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Social Media

Financials

Western Asset High Income (NYSE:HIO) Income Statement, Balance Sheet and Cash Flow Statement

Chart

Western Asset High Income (NYSE HIO) Stock Chart for Tuesday, May, 22, 2018

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This page was last updated on 5/22/2018 by MarketBeat.com Staff

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