KKR Income Opportunities Fund (NYSE:KIO) declared a monthly dividend on Tuesday, October 10th, Wall Street Journal reports. Shareholders of record on Monday, November 6th will be paid a dividend of 0.125 per share by the investment management company on Thursday, November 30th. This represents a $1.50 dividend on an annualized basis and a yield of 8.31%. The ex-dividend date is Friday, November 3rd.
KKR Income Opportunities Fund has raised its dividend payment by an average of 58.7% annually over the last three years.
Shares of KKR Income Opportunities Fund (KIO) traded up 0.897% during trading on Wednesday, reaching $18.222. The company’s stock had a trading volume of 32,538 shares. KKR Income Opportunities Fund has a 12-month low of $14.63 and a 12-month high of $18.63. The firm’s 50-day moving average is $17.64 and its 200-day moving average is $17.51. The stock’s market capitalization is $277.98 million.
ILLEGAL ACTIVITY WARNING: “KKR Income Opportunities Fund (KIO) Plans Monthly Dividend of $0.13” was reported by Sports Perspectives and is owned by of Sports Perspectives. If you are accessing this report on another publication, it was copied illegally and republished in violation of U.S. & international copyright and trademark law. The original version of this report can be read at https://sportsperspectives.com/2017/10/11/kkr-income-opportunities-fund-kio-plans-monthly-dividend-of-0-13.html.
About KKR Income Opportunities Fund
KKR Income Opportunities Fund (the Fund) is a closed-end management investment company. The Fund’s investment objective is to seek a high level of current income with a secondary objective of capital appreciation. It seeks to achieve its investment objectives by employing a dynamic strategy of investing in a targeted portfolio of loans and fixed-income instruments of the United States and the non-United States issuers, and implementing hedging strategies in order to seek to achieve attractive risk-adjusted returns.
Receive News & Ratings for KKR Income Opportunities Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KKR Income Opportunities Fund and related companies with MarketBeat.com's FREE daily email newsletter.