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

Western Asset Municipal High Income Fund Inc. (NYSE:MHF) announced a monthly dividend on Thursday, August 8th, Wall Street Journal reports. Shareholders of record on Thursday, October 24th will be paid a dividend of 0.034 per share by the financial services provider on Friday, November 1st. This represents a $0.41 dividend on an annualized basis and a yield of 5.64%. The ex-dividend date of this dividend is Thursday, October 24th.

Western Asset Municipal High Income Fund has decreased its dividend by an average of 4.8% per year over the last three years.

Western Asset Municipal High Income Fund Stock Performance

Shares of MHF opened at $7.24 on Wednesday. The business has a 50-day simple moving average of $7.22 and a two-hundred day simple moving average of $6.97. Western Asset Municipal High Income Fund has a 52 week low of $5.92 and a 52 week high of $7.39.

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.