Western Asset Municipal High Income Fund Inc. (MHF) to Issue — Dividend of $0.03 on March 3rd

Western Asset Municipal High Income Fund Inc. (NYSE:MHF) announced a — dividend on Thursday, November 21st,Wall Street Journal reports. Stockholders of record on Friday, February 21st will be given a dividend of 0.034 per share by the financial services provider on Monday, March 3rd. This represents a dividend yield of 5.7%. The ex-dividend date is Friday, February 21st.

Western Asset Municipal High Income Fund has decreased its dividend payment by an average of 4.8% annually over the last three years.

Western Asset Municipal High Income Fund Stock Performance

MHF opened at $7.05 on Friday. The company’s 50 day moving average is $7.17 and its 200-day moving average is $7.00. Western Asset Municipal High Income Fund has a 1-year low of $6.27 and a 1-year 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.