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

Key Points

• Western Asset Municipal High Income Fund Inc. announced a dividend of $0.03 per share, with an impressive yield of 590.0%. The ex-dividend date is set for November 20th, 2023, and dividends will be paid on December 1st.
• As of Friday, shares of MHF stock opened at $6.87 with a 12-month range between $6.61 and $7.82.
• Notable institutional investments include Commonwealth Equity Services LLC and Raymond James Financial Inc., which both acquired significant stakes in the fund during the fourth quarter.

Western Asset Municipal High Income Fund Inc. (NYSE:MHF - Get Free Report) declared a -- dividend on Friday, August 8th, Wall Street Journal reports. Stockholders 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 dividend yield of 590.0%. The ex-dividend date of this dividend is Thursday, November 20th.

Western Asset Municipal High Income Fund Trading Up 0.5%

Shares of MHF traded up $0.04 on Tuesday, reaching $6.90. The stock had a trading volume of 23,885 shares, compared to its average volume of 62,194. Western Asset Municipal High Income Fund has a 12-month low of $6.61 and a 12-month high of $7.82. The company has a 50-day simple moving average of $6.90 and a 200-day simple moving average of $7.16.

About Western Asset Municipal High Income Fund

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.