Western Asset Municipal High Income Fund Inc. (NYSE:MHF) Plans Monthly Dividend of $0.03

Western Asset Municipal High Income Fund Inc. (NYSE:MHF) announced a monthly dividend on Thursday, November 20th. Investors of record on Friday, January 23rd will be given a dividend of 0.034 per share by the financial services provider on Friday, January 30th. This represents a c) dividend on an annualized basis and a dividend yield of 5.9%. The ex-dividend date of this dividend is Friday, January 23rd.

Western Asset Municipal High Income Fund Trading Down 1.1%

Western Asset Municipal High Income Fund stock traded down $0.08 during midday trading on Thursday, reaching $6.89. 116,072 shares of the company were exchanged, compared to its average volume of 65,350. The firm’s 50-day simple moving average is $7.15 and its 200-day simple moving average is $7.05. Western Asset Municipal High Income Fund has a 1 year low of $6.61 and a 1 year high of $7.82.

Western Asset Municipal High Income Fund Company Profile

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.