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

Western Asset Municipal High Income Fund Inc. (NYSE:MHF) announced a — dividend on Wednesday, November 20th,Wall Street Journal reports. Shareholders of record on Friday, February 21st will be paid a dividend of 0.034 per share by the financial services provider on Monday, March 3rd. This represents a yield of 5.7%. The ex-dividend date of this dividend is Friday, February 21st. This is a boost from Western Asset Municipal High Income Fund’s previous — dividend of $0.02.

Western Asset Municipal High Income Fund has increased its dividend payment by an average of 8.4% per year over the last three years.

Western Asset Municipal High Income Fund Stock Up 1.1 %

NYSE MHF opened at $7.46 on Wednesday. The company has a fifty day simple moving average of $7.03 and a two-hundred day simple moving average of $7.11. Western Asset Municipal High Income Fund has a 12-month low of $6.51 and a 12-month high of $7.50.

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.