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

Western Asset Municipal High Income Fund Inc. (NYSE:MHF - Get Free Report) declared a monthly dividend on Monday, May 19th, Wall Street Journal reports. Shareholders of record on Friday, August 22nd will be paid a dividend of 0.034 per share by the financial services provider on Tuesday, September 2nd. This represents a $0.41 annualized dividend and a yield of 5.73%. The ex-dividend date of this dividend is Friday, August 22nd.

Western Asset Municipal High Income Fund has increased its dividend by an average of 8.4% annually over the last three years.

Western Asset Municipal High Income Fund Stock Down 0.3%

NYSE:MHF traded down $0.02 on Thursday, hitting $7.12. The stock had a trading volume of 52,691 shares, compared to its average volume of 69,327. The business's fifty day moving average is $7.30 and its 200 day moving average is $7.20. Western Asset Municipal High Income Fund has a 52 week low of $6.51 and a 52 week high of $7.83.

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.