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

Western Asset Municipal High Income Fund Inc. (NYSE:MHF) announced a monthly dividend on Friday, August 9th,Wall Street Journal reports. Investors of record on Thursday, November 21st will be given a dividend of 0.034 per share by the financial services provider on Monday, December 2nd. This represents a $0.41 dividend on an annualized basis and a dividend yield of 5.72%. The ex-dividend date is Thursday, November 21st.

Western Asset Municipal High Income Fund has decreased its dividend payment by an average of 4.8% annually over the last three years.

Western Asset Municipal High Income Fund Stock Performance

Western Asset Municipal High Income Fund stock opened at $7.13 on Tuesday. The stock’s 50 day moving average price is $7.18 and its 200 day moving average price is $7.00. Western Asset Municipal High Income Fund has a 1-year low of $6.27 and a 1-year 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.