Western Asset Municipal High Income Fund Inc. (MHF) to Issue Monthly Dividend of $0.03 on July 31st

Western Asset Municipal High Income Fund Inc. (NYSE:MHF) declared a monthly dividend on Thursday, May 14th. Stockholders of record on Friday, July 24th will be given a dividend of 0.034 per share by the financial services provider on Friday, July 31st. This represents a c) annualized dividend and a dividend yield of 5.8%. The ex-dividend date is Friday, July 24th.

Western Asset Municipal High Income Fund Stock Up 0.3%

Western Asset Municipal High Income Fund stock opened at $6.99 on Friday. Western Asset Municipal High Income Fund has a 12 month low of $6.61 and a 12 month high of $7.64. The stock’s 50 day moving average is $6.89 and its 200-day moving average is $6.93.

About Western Asset Municipal High Income Fund

Western Asset Municipal High Income Fund Inc is a closed-end management investment company that seeks to provide high current income exempt from federal income taxes. The fund primarily invests in U.S. municipal securities, with an emphasis on high-yield bonds issued by state and local governments, authorities and agencies. Its portfolio may include general obligation bonds, revenue bonds, pre-refunded bonds, insured securities and variable-rate instruments, with the goal of delivering attractive tax-advantaged yields for shareholders.

The fund is managed by Western Asset Management Company, LP, a global fixed-income specialist and subsidiary of Franklin Resources, Inc Western Asset’s investment team employs a disciplined, research-driven approach, combining top-down macroeconomic analysis with bottom-up credit research to identify opportunities across the municipal bond market.