Western Asset High Income Opportunity Fund Inc.
HIOFinancial Services · Stock · monthly payer
$3.60
Add to PortfolioForward Yield
11.83%
Annual Dividend
$0.43
Payout Ratio
142%
5-Yr Growth
1.8%
Ex-Date
Jun 23, 2026
Frequency
Monthly
HIO Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is HIO a good dividend stock?
MixedWestern Asset High Income Opportunity Fund Inc. (HIO) pays a monthly dividend yielding 11.83% ($0.43/yr), with 4 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
Risks
- Cut its dividend in 2021
- Elevated payout ratio (142%)
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 11.83%
- Payout Ratio
- 142%
- Annual Dividend
- $0.43
- 5-Yr Avg Growth
- 1.8%
- Ex-Dividend Date
- Jun 23, 2026
- Years of Growth
- 4
- Frequency
- monthly
- Beta
- 0.51
- Market Cap
- $342.4M
- P/E Ratio
- 12.0
- 5-Yr Total Return
- -32%
- 52-Week Range
- $3.52 – $4.05
- Dividend Safety
- C · 54/100
- Ever Cut?
- Yes (2021)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 21, 2026 | — | $0.0360 | regular |
| Apr 23, 2026 | — | $0.0360 | regular |
| Mar 24, 2026 | — | $0.0360 | regular |
| Feb 20, 2026 | — | $0.0360 | regular |
| Jan 23, 2026 | — | $0.0360 | regular |
| Dec 23, 2025 | — | $0.0360 | regular |
| Nov 20, 2025 | — | $0.0360 | regular |
| Oct 24, 2025 | — | $0.0360 | regular |
| Sep 23, 2025 | — | $0.0360 | regular |
| Aug 22, 2025 | — | $0.0360 | regular |
| Jul 24, 2025 | — | $0.0360 | regular |
| Jun 23, 2025 | — | $0.0360 | regular |
| May 22, 2025 | — | $0.0360 | regular |
| Apr 23, 2025 | — | $0.0360 | regular |
Income Calculator
At $0.43 / yr per share
