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

Western Asset Municipal High Income Fund Inc. (NYSE:MHF - Get Free Report) announced a dividend on Monday, March 24th, investing.com reports. Shareholders of record on Tuesday, March 25th will be paid a dividend of 0.034 per share by the financial services provider on Tuesday, April 1st. This represents a yield of 5.34%. The ex-dividend date is Monday, March 24th.

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 Stock Performance

Shares of MHF stock traded down $0.04 on Friday, reaching $7.44. The stock had a trading volume of 26,922 shares, compared to its average volume of 71,627. Western Asset Municipal High Income Fund has a 1 year low of $6.51 and a 1 year high of $7.83. The company has a 50 day simple moving average of $7.36 and a 200 day simple moving average of $7.19.

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.