Western Asset Municipal High Income Fund Inc. (NYSE:MHF – Get Free Report) declared a — dividend on Friday, February 21st, Wall Street Journal reports. Investors of record on Thursday, May 22nd will be given 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 Trading Down 1.4 %
Shares of MHF opened at $7.60 on Friday. The company has a 50-day moving average of $7.06 and a 200 day moving average of $7.12. Western Asset Municipal High Income Fund has a 1-year low of $6.51 and a 1-year 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.
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