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

Western Asset Municipal High Income Fund Inc. (NYSE:MHF) announced a — dividend on Thursday, November 21st,Wall Street Journal reports. Investors of record on Friday, February 21st will be given a dividend of 0.034 per share by the financial services provider on Monday, March 3rd. This represents a yield of 5.7%. The ex-dividend date is Friday, February 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 Trading Down 0.3 %

NYSE:MHF opened at $7.05 on Friday. The firm’s 50 day simple moving average is $7.17 and its 200 day simple moving average is $7.00. Western Asset Municipal High Income Fund has a one year low of $6.27 and a one year high of $7.39.

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.