Ex-Div Reminder For Western Asset Municipal High Income Fund (MHF)

Looking at the universe of stocks we cover at Dividend Channel, on 5/22/13, Western Asset Municipal High Income Fund (MHF) will trade ex-dividend, for its monthly dividend of $0.031, payable on 5/31/13. As a percentage of MHF's recent stock price of $7.76, this dividend works out to approximately 0.40%.

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Below is a dividend history chart for MHF, showing historical dividends prior to the most recent $0.031 declared by Western Asset Municipal High Income Fund:

MHF+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from MHF is likely to continue, and whether the current estimated yield of 4.79% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of MHF shares, versus its 200 day moving average:

Western Asset Municipal High Income Fund 200 Day Moving Average Chart

Looking at the chart above, MHF's low point in its 52 week range is $7.70 per share, with $9.27 as the 52 week high point — that compares with a last trade of $7.76.

In Monday trading, Western Asset Municipal High Income Fund shares are currently up about 0.3% on the day.

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