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

Western Asset Municipal High Income Fund Inc. (NYSE:MHF) announced a dividend on Thursday, January 23rd,investing.com reports. Shareholders 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% annually over the last three years.

Western Asset Municipal High Income Fund Stock Performance

Shares of MHF traded up $0.08 during midday trading on Thursday, hitting $7.12. The stock had a trading volume of 144,148 shares, compared to its average volume of 69,982. The company has a 50 day simple moving average of $7.02 and a two-hundred day simple moving average of $7.08. Western Asset Municipal High Income Fund has a twelve month low of $6.42 and a twelve month high of $7.39.

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.