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

Western Asset Municipal High Income Fund Inc. (NYSE:MHF) declared a dividend on Wednesday, January 22nd,investing.com reports. Stockholders of record on Monday, January 27th will be given a dividend of 0.034 per share by the financial services provider on Monday, February 3rd. This represents a dividend yield of 5.8%. The ex-dividend date is Friday, January 24th.

Western Asset Municipal High Income Fund has increased its dividend by an average of 13.9% annually over the last three years.

Western Asset Municipal High Income Fund Price Performance

Western Asset Municipal High Income Fund stock traded down $0.04 during mid-day trading on Wednesday, reaching $7.04. 61,891 shares of the company’s stock traded hands, compared to its average volume of 64,284. The stock has a 50 day moving average of $7.02 and a two-hundred day moving average of $7.08. Western Asset Municipal High Income Fund has a 12-month low of $6.38 and a 12-month high of $7.39.

About Western Asset Municipal High Income Fund

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.