Western Asset Municipal Hgh Incm Fnd Inc (NYSE:MHF) declared a monthly dividend on Wednesday, May 22nd, Wall Street Journal reports. Investors of record on Friday, July 19th will be paid a dividend of 0.0255 per share by the financial services provider on Thursday, August 1st. This represents a $0.31 dividend on an annualized basis and a yield of 4.10%. The ex-dividend date is Thursday, July 18th.
Western Asset Municipal Hgh Incm Fnd has decreased its dividend by an average of 4.1% per year over the last three years.
Shares of MHF opened at $7.47 on Wednesday. Western Asset Municipal Hgh Incm Fnd has a 1-year low of $6.85 and a 1-year high of $7.60. The firm’s fifty day moving average is $7.50.
About Western Asset Municipal Hgh Incm Fnd
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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