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

Western Asset Municipal High Income Fund Inc. (NYSE:MHF) declared a dividend on Thursday, January 23rd,investing.com reports. Shareholders of record on Monday, January 27th will be paid a dividend of 0.034 per share by the financial services provider on Monday, February 3rd. This represents a yield of 5.75%. The ex-dividend date is Friday, January 24th.

Western Asset Municipal High Income Fund has increased its dividend payment by an average of 13.9% annually over the last three years.

Western Asset Municipal High Income Fund Trading Up 1.1 %

Shares of NYSE:MHF traded up $0.08 during trading on Thursday, reaching $7.12. 144,148 shares of the stock were exchanged, compared to its average volume of 69,982. Western Asset Municipal High Income Fund has a 12 month low of $6.42 and a 12 month high of $7.39. The stock has a 50-day moving average price of $7.02 and a 200-day moving average price of $7.08.

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.