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

Western Asset Municipal High Income Fund Inc. (NYSE:MHF) announced a — dividend on Thursday, February 20th, Wall Street Journal reports. Investors of record on Thursday, May 22nd will be paid a dividend of 0.034 per share by the financial services provider on Monday, June 2nd. This represents a yield of 5.3%. The ex-dividend date of this dividend is Thursday, May 22nd.

Western Asset Municipal High Income Fund has increased its dividend payment by an average of 8.4% per year over the last three years.

Western Asset Municipal High Income Fund Price Performance

NYSE:MHF traded up $0.10 during trading hours on Thursday, hitting $7.75. 109,635 shares of the company traded hands, compared to its average volume of 73,037. The firm has a 50-day moving average of $7.05 and a 200 day moving average of $7.12. Western Asset Municipal High Income Fund has a twelve month low of $6.51 and a twelve month high of $7.79.

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.