Westn Ast Muni (NYSE:MHF) announced a monthly dividend on Thursday, May 18th, Wall Street Journal reports. Shareholders of record on Friday, July 21st will be paid a dividend of 0.0255 per share by the financial services provider on Tuesday, August 1st. This represents a $0.31 annualized dividend and a yield of 4.01%. The ex-dividend date of this dividend is Wednesday, July 19th.
Westn Ast Muni has decreased its dividend by an average of 4.8% per year over the last three years.
Shares of Westn Ast Muni (NYSE:MHF) traded down 0.92% during midday trading on Tuesday, reaching $7.56. 45,123 shares of the company’s stock traded hands. Westn Ast Muni has a 52-week low of $7.00 and a 52-week high of $8.23. The company has a 50 day moving average of $7.45 and a 200 day moving average of $7.35.
About Westn Ast Muni
Western Asset Municipal High Income Fund Inc is a diversified, closed-end management investment company. The Fund seeks high current income exempt from federal income taxes. The Fund invests primarily in intermediate and long-term municipal debt securities issued by state and local governments, including the United States territories and possessions, political subdivisions, agencies and public authorities.
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