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

Western Asset Municipal High Income Fund Inc. (NYSE:MHF) declared a dividend on Thursday, January 23rd,investing.com reports. Stockholders 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 dividend yield of 5.75%. The ex-dividend date is Friday, January 24th.

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

Western Asset Municipal High Income Fund Trading Down 1.1 %

Shares of NYSE MHF opened at $7.02 on Friday. Western Asset Municipal High Income Fund has a 52-week low of $6.44 and a 52-week 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.