Western Asset Municipal High Income Fund Inc. (MHF) To Go Ex-Dividend on May 22nd

Western Asset Municipal High Income Fund Inc. (NYSE:MHF) announced a — dividend on Friday, February 21st, Wall Street Journal reports. Investors of record on Thursday, May 22nd will be given a dividend of 0.034 per share by the financial services provider on Monday, June 2nd. This represents a yield of 5.3%. The ex-dividend date of this dividend is Thursday, May 22nd.

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

Western Asset Municipal High Income Fund Price Performance

Shares of MHF opened at $7.44 on Friday. The stock’s 50 day moving average is $7.07 and its two-hundred day moving average is $7.13. Western Asset Municipal High Income Fund has a 12 month low of $6.51 and a 12 month high of $7.79.

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.