Westn Ast Muni (MHF) Announces $0.03 Monthly Dividend
Westn Ast Muni (NYSE:MHF) announced a monthly dividend on Tuesday, November 14th, Wall Street Journal reports. Shareholders of record on Friday, January 19th will be paid a dividend of 0.0255 per share by the financial services provider on Thursday, February 1st. This represents a $0.31 annualized dividend and a yield of 4.14%. The ex-dividend date is Thursday, January 18th.
Westn Ast Muni has decreased its dividend by an average of 4.8% per year over the last three years.
Shares of Westn Ast Muni (NYSE MHF) traded up $0.01 on Tuesday, reaching $7.40. 58,400 shares of the company’s stock traded hands, compared to its average volume of 45,630. Westn Ast Muni has a twelve month low of $7.00 and a twelve month high of $8.05.
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About Westn Ast Muni
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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