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

Key Points

• Western Asset Municipal High Income Fund Inc. has declared a dividend of $0.03 per share, with a yield of 590.0%, to be paid on December 1st to shareholders of record on November 20th.
• The fund's shares traded up 0.4% to reach $6.88, while its 50-day and 200-day moving averages are $6.91 and $7.16, respectively.
• Western Asset Municipal High Income Fund is a closed-ended fixed income mutual fund that primarily invests in municipal debt securities issued by state and local governments in the U.S.

Western Asset Municipal High Income Fund Inc. (NYSE:MHF - Get Free Report) declared a -- dividend on Thursday, August 7th, Wall Street Journal reports. Shareholders of record on Thursday, November 20th will be given a dividend of 0.034 per share by the financial services provider on Monday, December 1st. This represents a yield of 590.0%. The ex-dividend date is Thursday, November 20th.

Western Asset Municipal High Income Fund Trading Up 0.2%

Shares of NYSE MHF traded up $0.02 during mid-day trading on Monday, hitting $6.87. 2,168 shares of the company traded hands, compared to its average volume of 61,799. The business has a 50 day moving average of $6.90 and a two-hundred day moving average of $7.16. Western Asset Municipal High Income Fund has a 1 year low of $6.61 and a 1 year high of $7.82.

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.