Western Asset Global High Income Fund Inc. Announces Monthly Dividend of $0.07 (NYSE:EHI)

Western Asset Global High Income Fund Inc. (NYSE:EHI) announced a monthly dividend on Thursday, May 14th. Stockholders of record on Friday, July 24th will be paid a dividend of 0.07 per share on Friday, July 31st. This represents a c) dividend on an annualized basis and a dividend yield of 13.9%. The ex-dividend date is Friday, July 24th.

Western Asset Global High Income Fund Stock Performance

Shares of EHI stock traded down $0.02 during mid-day trading on Thursday, reaching $6.05. 50,690 shares of the stock traded hands, compared to its average volume of 96,706. The stock’s fifty day simple moving average is $6.12 and its two-hundred day simple moving average is $6.30. Western Asset Global High Income Fund has a 1-year low of $5.80 and a 1-year high of $6.70.

Western Asset Global High Income Fund Company Profile

Western Asset Global High Income Fund (NYSE: EHI) is a diversified, closed-end management investment company that seeks to provide high current income by investing primarily in a broad range of high-yield and emerging-market debt securities. The fund’s portfolio typically includes corporate and sovereign bonds, bank loans, convertible securities and other credit instruments denominated in U.S. dollars and foreign currencies. By accessing global credit markets, EHI aims to capture attractive yield opportunities across developed and developing economies.

Launched in the late 2000s, the fund employs both fundamental credit analysis and top-down macroeconomic research to construct a portfolio that balances income generation with risk management.