Western Asset Municipal High Income Fund Inc. (NYSE:MHF – Get Free Report) declared a monthly dividend on Friday, May 24th, Wall Street Journal reports. Stockholders of record on Friday, August 23rd will be given a dividend of 0.034 per share by the financial services provider on Tuesday, September 3rd. This represents a $0.41 annualized dividend and a dividend yield of 5.73%. The ex-dividend date is Friday, August 23rd.
Western Asset Municipal High Income Fund has decreased its dividend by an average of 4.8% per year over the last three years.
Western Asset Municipal High Income Fund Price Performance
NYSE MHF opened at $7.12 on Wednesday. The firm has a 50-day moving average price of $6.94 and a two-hundred day moving average price of $6.79. Western Asset Municipal High Income Fund has a 12-month low of $5.92 and a 12-month high of $7.20.
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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