Western Asset Municipal High Income Fund Inc. (NYSE:MHF – Get Free Report) declared a monthly dividend on Friday, August 9th,Wall Street Journal reports. Investors of record on Thursday, November 21st will be paid a dividend of 0.034 per share by the financial services provider on Monday, December 2nd. This represents a $0.41 dividend on an annualized basis and a yield of 5.73%. The ex-dividend date is Thursday, November 21st.
Western Asset Municipal High Income Fund has decreased its dividend payment by an average of 4.8% per year over the last three years.
Western Asset Municipal High Income Fund Stock Down 0.1 %
Shares of NYSE MHF opened at $7.12 on Wednesday. Western Asset Municipal High Income Fund has a 1-year low of $6.27 and a 1-year high of $7.39. The company has a fifty day moving average price of $7.18 and a 200 day moving average price of $7.00.
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.
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