Is the Western Asset High Income Fund II dividend safe?
At risk
Western Asset High Income Fund II pays 14.9% a year, but that takes 111% of its free cash flow.
The numbers behind it
Dividend yield14.9%
Paid out of free cash flow111%
Paid out of profit164%
Debt in years of earnings3.8 years
How we decide
We look at how much of its free cash flow a company hands out. Under 60% leaves room, 60% to 90% is tight, and above 90% or heavy debt puts the dividend at risk.
More questions about Western Asset High Income Fund II
Data as of Nov 13, 2026.