KKR Income Opportunities Fund Announces Monthly Dividend of $0.12 (NYSE:KIO)

KKR Income Opportunities Fund (NYSE:KIO) announced a monthly dividend on Wednesday, September 25th, NASDAQ reports. Shareholders of record on Friday, October 11th will be paid a dividend of 0.1215 per share by the investment management company on Thursday, October 31st. This represents a $1.46 dividend on an annualized basis and a yield of 9.90%. The ex-dividend date of this dividend is Friday, October 11th.

KKR Income Opportunities Fund has decreased its dividend by an average of 0.8% annually over the last three years.

KKR Income Opportunities Fund Stock Performance

Shares of NYSE KIO traded up $0.02 during trading on Thursday, hitting $14.73. The stock had a trading volume of 45,016 shares, compared to its average volume of 120,774. KKR Income Opportunities Fund has a 12 month low of $11.02 and a 12 month high of $14.84. The firm has a fifty day moving average of $14.36 and a two-hundred day moving average of $13.78.

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.