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 Jun 03, 2024. As of today, dividend yield (TTM) is 12.72%.

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-4o
New!
Dividend Analysis

Key Stats

Dividend Yield (TTM) 12.72%
Frequency Monthly
1Y Growth 0%
Payout Ratio 0
Amount Per Share $0.0490
Next Ex-Dividend Date Jun 21, 2024
Next Payment Date Jul 01, 2024

Upcoming Dividend Payment

To receive the upcoming dividend from HIX the purchase should be done within the next 4 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
211 Nov 30, 2006 Feb 14, 2007 Feb 23, 2007 $0.0750 0.663%
212 Nov 30, 2006 Jan 17, 2007 Jan 26, 2007 $0.0750 0.668%
213 Nov 30, 2006 Dec 20, 2006 Dec 29, 2006 $0.0750 0.676%
214 Jul 27, 2006 Nov 15, 2006 Nov 24, 2006 $0.0750 0.704%
215 Jul 27, 2006 Oct 18, 2006 Oct 27, 2006 $0.0750 0.710%
216 Jul 27, 2006 Sep 20, 2006 Sep 29, 2006 $0.0750 0.716%
217 May 08, 2006 Aug 18, 2006 Aug 25, 2006 $0.0700 0.680%
218 May 08, 2006 Jul 21, 2006 Jul 28, 2006 $0.0700 0.696%
219 May 08, 2006 Jun 23, 2006 Jun 30, 2006 $0.0700 0.714%
220 Feb 23, 2006 May 19, 2006 May 26, 2006 $0.0700 0.703%

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 (21.99%)

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 12.72%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.95%). 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 (10.81%).

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 Jun 03, 2024. The upcoming dividend Ex Date is Jun 21, 2024, with an amount of $0.0490.

How much does HIX pays per share?
The last recorder (May 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 0.84%.
Click to get the best stock tips daily for free!

About Western Asset High Income Fund II Inc

Western Asset High Income Fund II Inc. is a closed-ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed by Western Asset Management Company, Western Asset Management Company Limited, and Western Asset Management Company Pte. Ltd. It invests in the fixed income markets across the globe. The fund invests in securities of companies that operate across diversified sectors. It invests in ... HIX Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT