Westn Ast Muni (NYSE:MHF) announced a monthly dividend on Tuesday, November 14th, Wall Street Journal reports. Shareholders of record on Friday, February 16th will be paid a dividend of 0.0255 per share by the financial services provider on Thursday, March 1st. This represents a $0.31 dividend on an annualized basis and a yield of 4.14%. The ex-dividend date of this dividend is Thursday, February 15th.
Westn Ast Muni has decreased its dividend payment by an average of 4.8% per year over the last three years.
Shares of Westn Ast Muni (MHF) traded up $0.01 on Tuesday, reaching $7.40. The company’s stock had a trading volume of 58,400 shares, compared to its average volume of 45,630. Westn Ast Muni has a 1 year low of $7.00 and a 1 year high of $8.05.
Westn Ast Muni Company Profile
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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