Western Asset Municipal High Income Fund Inc. (NYSE:MHF – Get Free Report) announced a dividend on Thursday, January 23rd,investing.com reports. Investors of record on Monday, January 27th will be given a dividend of 0.034 per share by the financial services provider on Monday, February 3rd. This represents a dividend yield of 5.75%. The ex-dividend date is Friday, January 24th.
Western Asset Municipal High Income Fund has raised its dividend by an average of 13.9% per year over the last three years.
Western Asset Municipal High Income Fund Stock Performance
Shares of Western Asset Municipal High Income Fund stock opened at $7.12 on Friday. The business has a 50-day moving average of $7.02 and a 200 day moving average of $7.08. Western Asset Municipal High Income Fund has a 12 month low of $6.42 and a 12 month high of $7.39.
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.
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