KKR Income Opportunities Fund (NYSE:KIO) announced a monthly dividend on Thursday, July 19th, Wall Street Journal reports. Investors of record on Friday, September 14th will be given a dividend of 0.125 per share by the investment management company on Friday, September 28th. This represents a $1.50 annualized dividend and a dividend yield of 9.04%. The ex-dividend date is Thursday, September 13th.
KKR Income Opportunities Fund has decreased its dividend by an average of 0.9% annually over the last three years.
KKR Income Opportunities Fund stock opened at $16.60 on Friday. KKR Income Opportunities Fund has a one year low of $15.38 and a one year high of $18.63.
In other KKR Income Opportunities Fund news, insider Christopher A. Sheldon acquired 14,994 shares of the company’s stock in a transaction that occurred on Wednesday, July 18th. The shares were bought at an average cost of $16.56 per share, with a total value of $248,300.64. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
KKR Income Opportunities Fund Company Profile
KKR Income Opportunities Fund is a close ended fixed income mutual fund launched by Kohlberg Kravis Roberts & Co L.P. The fund is managed by KKR Asset Management LLC. It invests in fixed income markets and hedging markets across the globe. The fund primarily invests in first- and second-lien secured loans, unsecured loans and high yield corporate debt instruments.
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