Western Asset Municipal Hgh Incm Fnd Inc (NYSE:MHF) announced a monthly dividend on Thursday, May 21st, Wall Street Journal reports. Stockholders of record on Monday, August 24th will be paid a dividend of 0.0243 per share by the financial services provider on Tuesday, September 1st. This represents a $0.29 annualized dividend and a dividend yield of 4.24%. The ex-dividend date is Friday, August 21st.
Western Asset Municipal Hgh Incm Fnd has decreased its dividend payment by an average of 1.6% per year over the last three years.
Shares of MHF stock opened at $6.88 on Friday. The firm has a 50-day moving average of $6.90 and a 200-day moving average of $7.41. Western Asset Municipal Hgh Incm Fnd has a one year low of $5.58 and a one year high of $8.05.
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.
Featured Article: Capital gains and your 401(k) or IRA
Receive News & Ratings for Western Asset Municipal Hgh Incm Fnd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Western Asset Municipal Hgh Incm Fnd and related companies with MarketBeat.com's FREE daily email newsletter.