HFRO Dividend
Highland Opportunities and Income Fund
NYSEFinancial ServicesStockData as of
- Dividend yield
- 8.56%
- Annual dividend
- $0.46
- Payout ratio
- 0.60
- Frequency
- Monthly
- Share price
- $5.40
- Market cap
- $298M
Next payment
Ex-dividend date: Pay date: Amount: $0.0385
You must own the shares before the ex-dividend date to receive this payment.
Is HFRO a good dividend stock?
What the data shows. These are observations, not recommendations — see the disclaimer at the foot of the page.
- Yield is far above the marketAt 8.56%, the yield is more than three times the median of 2.84% across US dividend payers. A yield rises when a share price falls, so an unusually high figure often reflects what the market expects rather than what management has promised.
- Dividend is comfortably coveredA payout ratio of 0.60 means roughly 60% of earnings go to the dividend, leaving room to keep paying through a weaker year.
- Dividend has been cut onceAcross 9 complete years, the annual total fell in 2024. The most recent reduction was in 2024.
- Pays monthlyPayments arrive twelve times a year rather than the usual four, which suits income being drawn rather than reinvested.
HFRO dividend history
Annual dividend per share, 2017 to 2025.
Recent dividend payments
| Ex-dividend date | Pay date | Amount | Type |
|---|---|---|---|
| $0.0385 | Monthly | ||
| $0.0385 | Monthly | ||
| $0.0385 | Monthly | ||
| $0.0385 | Monthly | ||
| $0.0385 | Monthly | ||
| $0.0385 | Monthly | ||
| $0.0385 | Monthly | ||
| $0.0385 | Monthly | ||
| $0.0385 | Monthly | ||
| $0.0385 | Monthly | ||
| $0.0385 | Monthly | ||
| $0.0385 | Monthly | ||
| $0.0385 | Monthly | ||
| $0.0385 | Monthly | ||
| $0.0385 | Monthly | ||
| $0.0385 | Monthly | ||
| $0.0385 | Monthly | ||
| $0.0385 | Monthly | ||
| $0.0385 | Monthly | ||
| $0.0385 | Monthly | ||
| $0.0385 | Monthly | ||
| $0.0385 | Monthly | ||
| $0.0385 | Monthly | ||
| $0.0385 | Monthly | ||
| $0.0385 | Monthly | ||
| $0.0385 | Monthly | ||
| $0.0385 | Monthly | ||
| $0.0385 | Monthly | ||
| $0.0385 | Monthly | ||
| $0.0385 | Monthly | ||
| $0.0385 | Monthly | ||
| $0.0385 | Monthly | ||
| $0.0385 | Monthly | ||
| $0.0385 | Monthly | ||
| $0.0770 | Monthly | ||
| $0.0770 | Monthly | ||
| $0.0770 | Monthly | ||
| $0.0770 | Monthly | ||
| $0.0770 | Monthly | ||
| $0.0770 | Monthly |
How much would HFRO pay you?
Enter an amount and see the income this dividend would produce — per year, per payment and per month.
Calculate HFRO dividend income →HFRO appears in
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Frequently asked questions
- Does HFRO pay a dividend?
- Yes. Highland Opportunities and Income Fund pays a monthly dividend, currently yielding 8.56% based on trailing twelve-month payments of $0.46 per share.
- How much does HFRO pay in dividends?
- $0.46 per share over the last twelve months, paid monthly. Special and one-off distributions are excluded from that figure because they do not recur.
- When is the next HFRO ex-dividend date?
- The next ex-dividend date on record is November 23, 2026, with payment on November 30, 2026. You must own the shares before the ex-dividend date to receive that payment.