Western Asset Municipal Hgh Incm Fnd Inc (NYSE:MHF) declared a monthly dividend on Tuesday, November 13th, Wall Street Journal reports. Stockholders of record on Friday, February 15th will be given a dividend of 0.0255 per share by the financial services provider on Friday, March 1st. This represents a $0.31 annualized dividend and a dividend yield of 4.29%. The ex-dividend date of this dividend is Thursday, February 14th.
Western Asset Municipal Hgh Incm Fnd has decreased its dividend payment by an average of 5.6% annually over the last three years.
Shares of NYSE:MHF opened at $7.13 on Thursday. Western Asset Municipal Hgh Incm Fnd has a twelve month low of $6.86 and a twelve month high of $7.49.
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.
Further Reading: What is a Candlestick Chart?
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.