Western Asset Global High Income Fnd Inc (NYSE:EHI) announced a monthly dividend on Tuesday, November 14th, Wall Street Journal reports. Stockholders of record on Friday, February 16th will be given a dividend of 0.0635 per share on Thursday, March 1st. This represents a $0.76 annualized dividend and a dividend yield of 7.73%. The ex-dividend date is Thursday, February 15th.
Western Asset Global Highome Fnd has decreased its dividend payment by an average of 0.5% per year over the last three years.
Western Asset Global Highome Fnd (NYSE EHI) traded down $0.11 during mid-day trading on Wednesday, hitting $9.86. 187,900 shares of the stock traded hands, compared to its average volume of 130,861. Western Asset Global Highome Fnd has a fifty-two week low of $9.21 and a fifty-two week high of $10.40.
About Western Asset Global Highome Fnd
Western Asset Global High Income Fund Inc (the Fund) is a non-diversified, closed-end management investment company. The Fund’s primary investment objective is high current income and its secondary investment objective is total return. Under normal market conditions, the Fund invests in a global portfolio of securities consisting of below investment grade fixed-income securities, emerging market fixed-income securities and investment grade fixed-income securities.
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