Western Asset Global High Income Fnd Inc (EHI) Announces $0.06 Monthly Dividend

Western Asset Global High Income Fnd Inc (NYSE:EHI) announced a monthly dividend on Thursday, February 21st, Wall Street Journal reports. Shareholders of record on Friday, May 24th will be paid a dividend of 0.062 per share on Monday, June 3rd. This represents a $0.74 dividend on an annualized basis and a yield of 7.95%. The ex-dividend date is Thursday, May 23rd.

Western Asset Global High Income Fnd has decreased its dividend by an average of 13.9% annually over the last three years.

Western Asset Global High Income Fnd stock traded up $0.04 during trading hours on Thursday, reaching $9.36. 88,993 shares of the company’s stock were exchanged, compared to its average volume of 262,988. Western Asset Global High Income Fnd has a twelve month low of $7.99 and a twelve month high of $9.68.

In other Western Asset Global High Income Fnd news, major shareholder Saba Capital Management, L.P. purchased 79,430 shares of the firm’s stock in a transaction on Wednesday, January 9th. The stock was purchased at an average cost of $8.95 per share, for a total transaction of $710,898.50. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website. Over the last quarter, insiders have acquired 1,552,433 shares of company stock valued at $13,991,605.

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Western Asset Global High Income Fnd Company Profile

Western Asset Global High Income Fund Inc is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed by Western Asset Management Company, Western Asset Management Company Limited, and Western Asset Management Company Pte. Ltd. It invests in the fixed income markets across the globe.

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Dividend History for Western Asset Global High Income Fnd (NYSE:EHI)

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