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HYI Dividend

Western Asset High Yield Defined Opportunity Fund Inc.

NYSEFinancial ServicesStockData as of
Dividend yield
11.53%
Annual dividend
$1.14
Payout ratio
0.00
Frequency
Monthly
Share price
$9.89
Market cap
$224M

Next payment

Ex-dividend date: Pay date: Amount: $0.0950

You must own the shares before the ex-dividend date to receive this payment.

Is HYI 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 11.53%, 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.
  • Dividend is comfortably coveredA payout ratio of 0.00 means roughly 0% of earnings go to the dividend, leaving room to keep paying through a weaker year.
  • Dividend has been cut 5 timesAcross 16 complete years, the annual total fell in 2014, 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.

HYI dividend history

Annual dividend per share, 2010 to 2025.

201020132016201920222025
Peak $1.76 in 2011Year the total fellTypical payment × payments that year, split-adjusted, excluding special and one-off distributions. Robust to duplicate records in the source data. The current year is omitted while incomplete.

Recent dividend payments

The last 40 dividend payments for HYI, most recent first.
Ex-dividend datePay dateAmountType
$0.0950Monthly
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$0.0945Monthly

How much would HYI pay you?

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Calculate HYI dividend income →

HYI appears in

Closest to HYI on yield.

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Frequently asked questions

Does HYI pay a dividend?
Yes. Western Asset High Yield Defined Opportunity Fund Inc. pays a monthly dividend, currently yielding 11.53% based on trailing twelve-month payments of $1.14 per share.
How much does HYI pay in dividends?
$1.14 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 HYI 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.