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

Western Asset Municipal High Income Fund Inc. (NYSE:MHF) announced a dividend on Monday, March 24th, investing.com reports. Stockholders of record on Tuesday, March 25th will be paid a dividend of 0.034 per share by the financial services provider on Tuesday, April 1st. This represents a dividend yield of 5.34%. The ex-dividend date of this dividend is Monday, March 24th.

Western Asset Municipal High Income Fund has raised its dividend by an average of 8.4% annually over the last three years.

Western Asset Municipal High Income Fund Stock Performance

MHF stock traded up $0.03 during trading on Monday, hitting $7.67. 49,190 shares of the company’s stock traded hands, compared to its average volume of 71,493. Western Asset Municipal High Income Fund has a 1 year low of $6.51 and a 1 year high of $7.79. The business has a fifty day simple moving average of $7.30 and a two-hundred day simple moving average of $7.18.

Western Asset Municipal High Income Fund Company Profile

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.