Western Asset Municipal High Income Fund Inc. (NYSE:MHF – Get Free Report) announced a monthly dividend on Wednesday, August 5th. Shareholders of record on Friday, October 23rd will be given a dividend of $0.0340 per share by the financial services provider on Friday, October 30th. This represents a $0.41 annualized dividend and a yield of 6.2%. The ex-dividend date of this dividend is Friday, October 23rd.
Western Asset Municipal High Income Fund Stock Up 1.7%
MHF stock opened at $6.54 on Wednesday. The firm’s fifty day simple moving average is $6.51 and its 200-day simple moving average is $6.78. Western Asset Municipal High Income Fund has a 12 month low of $5.84 and a 12 month high of $7.33.
Western Asset Municipal High Income Fund Company Profile
Western Asset Municipal High Income Fund, Inc (NYSE:MHF) is a closed-end investment company that seeks to provide a high level of current income exempt from regular federal income tax. The fund invests primarily in municipal obligations issued by states, municipalities and other public entities in the United States.
The portfolio may include investment-grade and below-investment-grade municipal securities, including bonds that may offer higher income but involve greater credit and market risk.
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