14-day Premium Trial Subscription Try For FreeTry Free

Western Asset High Income Fund II Inc Stock Dividends Overview

HIX pays dividends monthly. Last paid amount was $0.0490 at May 01, 2024. As of today, dividend yield (TTM) is 12.68%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
AI Analysis of HIX
Powered by GPT-4
New!
Dividend Analysis

Key Stats

Dividend Yield (TTM) 12.68%
Frequency Monthly
1Y Growth 0%
Payout Ratio 0
Amount Per Share $0.0490
Next Ex-Dividend Date May 22, 2024
Next Payment Date Jun 03, 2024

Upcoming Dividend Payment

To receive the upcoming dividend from HIX the purchase should be done within the next 17 days.
Here's a simple guide on how to buy HIX stock.

HIX Dividend Payout History

To ensure a understanding of HIX's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 22, 2024 May 22, 2024 Jun 03, 2024 $0.0490 1.12%
2 Feb 20, 2024 Apr 22, 2024 May 01, 2024 $0.0490 1.12%
3 Mar 20, 2024 Mar 20, 2024 Apr 01, 2024 $0.0490 1.10%
4 Nov 16, 2023 Feb 21, 2024 Mar 01, 2024 $0.0490 1.08%
5 Nov 14, 2023 Jan 23, 2024 Feb 01, 2024 $0.0490 1.07%
6 Nov 14, 2023 Dec 20, 2023 Dec 29, 2023 $0.0490 0.99%
7 Aug 02, 2023 Nov 21, 2023 Dec 01, 2023 $0.0490 1.03%
8 Aug 02, 2023 Oct 23, 2023 Nov 01, 2023 $0.0490 1.14%
9 Aug 02, 2023 Sep 21, 2023 Oct 02, 2023 $0.0490 1.11%
10 May 15, 2023 Aug 23, 2023 Sep 01, 2023 $0.0490 1.00%

Dividend Sustainability

With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.

Sustainability score

Average (97.42%)

Growth potential

Decrease likely (22.36%)

HIX Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from HIX dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in HIX stock here.

Comparing HIX to Sector and Country

HIX pays a solid dividend yield of 12.68%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.86%). HIX’s dividend yield is higher than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.10%).

FAQ

What factors can affect the amount of HIX's dividend payments?
The amount of HIX's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in HIX sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from HIX stock be automatically reinvested?
If HIX offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy HIX stock.

How often does HIX pay dividend?
Western Asset High Income Fund II Inc (HIX) pays dividends monthly. The most recent payout was on May 01, 2024. The upcoming dividend Ex Date is May 22, 2024, with an amount of $0.0490.

How much does HIX pays per share?
The last recorder (Apr 22, 2024) dividend per share was $0.0490.

What is HIX dividend growth rate?
Over the last year, Western Asset High Income Fund II Inc has witnessed growth rate of 0% . Looking back over the past 3 years, this growth rate has been 0%. Furthermore, examining the past 5 years, Western Asset High Income Fund II Inc has maintained an average Dividends Per Share Growth Rate of 1.27%.
Click to get the best stock tips daily for free!