Ivy High Income Opportunities Fund (NYSE:IVH) announced a monthly dividend on Tuesday, October 1st, Zacks reports. Investors of record on Thursday, October 17th will be given a dividend of 0.10 per share on Thursday, October 31st. This represents a $1.20 annualized dividend and a dividend yield of 8.82%. The ex-dividend date of this dividend is Wednesday, October 16th.
Ivy High Income Opportunities Fund has decreased its dividend by an average of 7.2% annually over the last three years.
Shares of IVH stock traded down $0.06 on Wednesday, hitting $13.61. The stock had a trading volume of 5,574 shares, compared to its average volume of 63,743. The business has a 50 day moving average price of $13.56 and a 200 day moving average price of $13.61. Ivy High Income Opportunities Fund has a one year low of $11.68 and a one year high of $14.35.
Ivy Funds – Ivy High Income Opportunities Fund is a closed ended fixed income mutual fund launched and managed by Ivy Investment Management Company. The fund invests in fixed income markets across the globe. It seeks to invest in securities of companies operating across diversified sectors. The fund primarily invests in high-yield corporate bonds of various maturities, secured loans, and other corporate fixed-income instruments, which are rated below investment grade (below Baa3 by Moody's or below BBB- by either S&P or Fitch).
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