Western Asset Global High Income Fnd Inc (EHI) to Issue Monthly Dividend of $0.07 on September 1st

Western Asset Global High Income Fnd Inc (NYSE:EHI) declared a monthly dividend on Thursday, May 21st, Wall Street Journal reports. Investors of record on Monday, August 24th will be given a dividend of 0.067 per share on Tuesday, September 1st. This represents a $0.80 dividend on an annualized basis and a dividend yield of 9.00%. The ex-dividend date is Friday, August 21st.

Western Asset Global High Income Fnd has decreased its dividend payment by an average of 1.9% annually over the last three years and has increased its dividend every year for the last 1 years.

Shares of NYSE:EHI opened at $8.93 on Friday. Western Asset Global High Income Fnd has a 52 week low of $6.15 and a 52 week high of $10.46. The company has a 50-day moving average price of $8.31 and a 200 day moving average price of $9.30.

In other news, major shareholder Saba Capital Management, L.P. acquired 7,723 shares of Western Asset Global High Income Fnd stock in a transaction that occurred on Thursday, March 5th. The stock was purchased at an average price of $10.09 per share, for a total transaction of $77,925.07. In the last 90 days, insiders purchased 756,929 shares of company stock valued at $7,396,573.

About Western Asset Global High Income Fnd

Western Asset Global High Income Fund Inc is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed by Western Asset Management Company, Western Asset Management Company Limited, and Western Asset Management Company Pte. Ltd. It invests in the fixed income markets across the globe.

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Dividend History for Western Asset Global High Income Fnd (NYSE:EHI)

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