Westn Ast Muni to Issue Monthly Dividend of $0.03 (MHF)
Westn Ast Muni (NYSE:MHF) declared a monthly dividend on Tuesday, November 14th, Wall Street Journal reports. Investors of record on Friday, December 22nd will be given a dividend of 0.0255 per share by the financial services provider on Friday, December 29th. This represents a $0.31 dividend on an annualized basis and a yield of 4.14%. The ex-dividend date is Thursday, December 21st.
Westn Ast Muni has decreased its dividend by an average of 4.8% per year over the last three years.
Westn Ast Muni (MHF) traded up $0.01 on Tuesday, reaching $7.40. The company had a trading volume of 58,400 shares, compared to its average volume of 45,630. Westn Ast Muni has a 1-year low of $7.00 and a 1-year high of $8.05.
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Western Asset Municipal High Income Fund Inc is a diversified, closed-end management investment company. The Fund seeks high current income exempt from federal income taxes. The Fund invests primarily in intermediate and long-term municipal debt securities issued by state and local governments, including the United States territories and possessions, political subdivisions, agencies and public authorities.
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