Westn Ast Muni (MHF) to Issue Monthly Dividend of $0.03 on October 2nd
Westn Ast Muni (NYSE:MHF) announced a monthly dividend on Tuesday, August 15th, Wall Street Journal reports. Investors of record on Friday, September 22nd will be paid a dividend of 0.0255 per share by the financial services provider on Monday, October 2nd. This represents a $0.31 annualized dividend and a yield of 3.95%. The ex-dividend date is Thursday, September 21st.
Westn Ast Muni has decreased its dividend payment by an average of 4.8% annually over the last three years.
Shares of Westn Ast Muni (NYSE MHF) opened at 7.74 on Friday. The company’s 50-day moving average price is $7.58 and its 200 day moving average price is $7.41. Westn Ast Muni has a one year low of $7.00 and a one year high of $8.09.
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Westn Ast Muni Company Profile
Western Asset Municipal High Income Fund Inc is a diversified, closed-end management investment company. The Fund seeks high current income exempt from federal income taxes. The Fund invests primarily in intermediate and long-term municipal debt securities issued by state and local governments, including the United States territories and possessions, political subdivisions, agencies and public authorities.
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