HIX Dividend
Western Asset High Income Fund II Inc
NYSEFinancial ServicesStockData as of
- Dividend yield
- 16.47%
- Annual dividend
- $0.59
- Payout ratio
- 1.25
- Frequency
- Monthly
- Share price
- $3.57
- Market cap
- $322M
Next payment
Ex-dividend date: Pay date: Amount: $0.0490
You must own the shares before the ex-dividend date to receive this payment.
Is HIX 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 16.47%, the yield is more than three times the median of 2.92% 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.
- Paying out more than it earnsA payout ratio of 1.25 means the dividend exceeds reported earnings. That can be sustained for a while from cash reserves or borrowing, but not indefinitely.
- Dividend has been cut 11 timesAcross 28 complete years, the annual total fell in 2016, 2017, 2018 and earlier. The most recent reduction was in 2018.
- Pays monthlyPayments arrive twelve times a year rather than the usual four, which suits income being drawn rather than reinvested.
HIX dividend history
Annual dividend per share, 1998 to 2025.
Recent dividend payments
| Ex-dividend date | Pay date | Amount | Type |
|---|---|---|---|
| $0.0490 | Monthly | ||
| $0.0490 | Monthly | ||
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| $0.0490 | Monthly |
How much would HIX pay you?
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Other financial services dividend stocks
Closest to HIX on yield.
- NMFCNew Mountain Finance Corporation16.33%
- BRWSaba Capital Income & Opportunities Fund16.78%
- LIENChicago Atlantic BDC, Inc.16.93%
- QFINQfin Holdings, Inc.16.99%
- OPPRiverNorth/DoubleLine Strategic Opportunity Fund, Inc.15.91%
- EHIWestern Asset Global High Income Fund Inc.15.58%
- SARSaratoga Investment Corp.17.53%
- PFLTPennantPark Floating Rate Capital Ltd.17.60%
Frequently asked questions
- Does HIX pay a dividend?
- Yes. Western Asset High Income Fund II Inc pays a monthly dividend, currently yielding 16.47% based on trailing twelve-month payments of $0.59 per share.
- How much does HIX pay in dividends?
- $0.59 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 HIX ex-dividend date?
- The next ex-dividend date on record is October 23, 2026, with payment on October 30, 2026. You must own the shares before the ex-dividend date to receive that payment.