Western Asset Global High Income Fund Inc. (EHI) To Go Ex-Dividend on April 22nd

Western Asset Global High Income Fund Inc. (NYSE:EHI) announced a monthly dividend on Wednesday, February 21st, Wall Street Journal reports. Stockholders of record on Tuesday, April 23rd will be given a dividend of 0.07 per share on Wednesday, May 1st. This represents a $0.84 dividend on an annualized basis and a dividend yield of 12.35%. The ex-dividend date of this dividend is Monday, April 22nd. This is a boost from Western Asset Global High Income Fund’s previous monthly dividend of $0.07.

Western Asset Global High Income Fund has raised its dividend payment by an average of 5.4% per year over the last three years and has raised its dividend every year for the last 1 years.

Western Asset Global High Income Fund Stock Performance

Western Asset Global High Income Fund stock opened at $6.80 on Friday. The company’s 50-day moving average price is $7.04 and its 200-day moving average price is $6.90. Western Asset Global High Income Fund has a twelve month low of $6.00 and a twelve month high of $7.75.

Institutional Trading of Western Asset Global High Income Fund

A number of large investors have recently made changes to their positions in the business. Royal Bank of Canada increased its holdings in shares of Western Asset Global High Income Fund by 6.4% in the 3rd quarter. Royal Bank of Canada now owns 28,423 shares of the company’s stock worth $187,000 after buying an additional 1,712 shares during the last quarter. UBS Group AG boosted its stake in shares of Western Asset Global High Income Fund by 6.4% during the 4th quarter. UBS Group AG now owns 76,166 shares of the company’s stock worth $518,000 after purchasing an additional 4,562 shares during the period. Ameriprise Financial Inc. boosted its stake in shares of Western Asset Global High Income Fund by 3.5% during the 3rd quarter. Ameriprise Financial Inc. now owns 141,050 shares of the company’s stock worth $939,000 after purchasing an additional 4,747 shares during the period. Envestnet Asset Management Inc. boosted its stake in shares of Western Asset Global High Income Fund by 18.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 31,166 shares of the company’s stock worth $220,000 after purchasing an additional 4,938 shares during the period. Finally, Advisor Group Holdings Inc. boosted its stake in shares of Western Asset Global High Income Fund by 20.6% during the 1st quarter. Advisor Group Holdings Inc. now owns 38,407 shares of the company’s stock worth $325,000 after purchasing an additional 6,558 shares during the period.

Western Asset Global High Income Fund Company Profile

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.