Western Asset Municipal Hgh Incm Fnd Inc (NYSE:MHF) 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 0.0255 per share by the financial services provider on Tuesday, September 3rd. This represents a $0.31 dividend on an annualized basis and a yield of 3.97%. The ex-dividend date of this dividend is Thursday, August 22nd.
Western Asset Municipal Hgh Incm Fnd has decreased its dividend payment by an average of 4.1% per year over the last three years.
Shares of MHF opened at $7.71 on Wednesday. Western Asset Municipal Hgh Incm Fnd has a one year low of $6.85 and a one year high of $7.78. The stock has a 50-day moving average price of $7.54 and a 200 day moving average price of $7.43.
Western Asset Municipal Hgh Incm Fnd 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.
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