Western Asset Municipal High Income Fund Inc. (NYSE:MHF) Declares — Dividend of $0.03

Western Asset Municipal High Income Fund Inc. (NYSE:MHF) declared a — dividend on Thursday, February 20th, Wall Street Journal reports. Stockholders of record on Thursday, May 22nd will be paid a dividend of 0.034 per share by the financial services provider on Monday, June 2nd. This represents a dividend yield of 5.3%. The ex-dividend date of this dividend is Thursday, May 22nd.

Western Asset Municipal High Income Fund has increased its dividend payment by an average of 8.4% per year over the last three years.

Western Asset Municipal High Income Fund Stock Up 1.3 %

MHF stock traded up $0.10 during midday trading on Thursday, reaching $7.75. The company had a trading volume of 109,635 shares, compared to its average volume of 73,037. The company has a 50 day moving average of $7.05 and a two-hundred day moving average of $7.12. Western Asset Municipal High Income Fund has a 1 year low of $6.51 and a 1 year high of $7.79.

About Western Asset Municipal High Income Fund

Western Asset Municipal High Income Fund Inc is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Western Asset Management Company. The fund invests in the fixed income markets of the United States. It invests primarily in intermediate and long-term municipal debt securities issued by state and local governments including U.S.