Western Asset Global High Income Fnd Inc (NYSE:EHI) declared a monthly dividend on Wednesday, May 22nd, Wall Street Journal reports. Investors of record on Friday, August 23rd will be paid a dividend of 0.063 per share on Tuesday, September 3rd. This represents a $0.76 annualized dividend and a dividend yield of 7.76%. The ex-dividend date of this dividend is Thursday, August 22nd.
Western Asset Global High Income Fnd has decreased its dividend by an average of 13.9% annually over the last three years.
Shares of Western Asset Global High Income Fnd stock opened at $9.74 on Wednesday. The company has a 50-day moving average of $9.87 and a 200 day moving average of $9.66. Western Asset Global High Income Fnd has a 1 year low of $7.99 and a 1 year high of $10.01.
In other news, major shareholder Saba Capital Management, L.P. acquired 19,453 shares of the business’s stock in a transaction that occurred on Wednesday, May 29th. The shares were bought at an average cost of $9.69 per share, with a total value of $188,499.57. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Over the last quarter, insiders purchased 153,517 shares of company stock valued at $1,498,493.
About Western Asset Global High Income Fnd
Western Asset Global High Income Fund Inc is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed by Western Asset Management Company, Western Asset Management Company Limited, and Western Asset Management Company Pte. Ltd. It invests in the fixed income markets across the globe.
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