Western Asset Municipal High Income Fund Inc. (MHF) To Go Ex-Dividend on August 23rd

Western Asset Municipal High Income Fund Inc. (NYSE:MHF) declared a monthly dividend on Friday, May 24th, Wall Street Journal reports. Shareholders of record on Friday, August 23rd will be given a dividend of 0.034 per share by the financial services provider on Tuesday, September 3rd. This represents a $0.41 annualized dividend and a yield of 6.13%. The ex-dividend date of this dividend is Friday, August 23rd.

Western Asset Municipal High Income Fund has decreased its dividend payment by an average of 4.8% per year over the last three years and has increased its dividend annually for the last 2 consecutive years.

Western Asset Municipal High Income Fund Trading Down 0.1 %

NYSE:MHF opened at $6.65 on Friday. The stock has a fifty day moving average price of $6.78 and a two-hundred day moving average price of $6.57. Western Asset Municipal High Income Fund has a 1 year low of $5.92 and a 1 year high of $6.92.

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.