Western Asset Global High Income Fund Inc. (NYSE:EHI) Plans $0.07 Monthly Dividend

Western Asset Global High Income Fund Inc. (NYSE:EHIGet Rating) declared a monthly dividend on Wednesday, May 18th, Wall Street Journal reports. Shareholders of record on Friday, July 22nd will be given a dividend of 0.067 per share on Monday, August 1st. This represents a $0.80 annualized dividend and a yield of 10.85%. The ex-dividend date of this dividend is Thursday, July 21st.

Western Asset Global High Income Fund has raised its dividend payment by an average of 3.2% annually over the last three years.

Shares of Western Asset Global High Income Fund stock traded down $0.05 during mid-day trading on Wednesday, hitting $7.41. 145 shares of the stock were exchanged, compared to its average volume of 45,224. Western Asset Global High Income Fund has a twelve month low of $7.44 and a twelve month high of $10.77. The company has a 50-day simple moving average of $8.06 and a 200 day simple moving average of $9.02.

Several institutional investors have recently added to or reduced their stakes in EHI. Invesco Ltd. boosted its position in shares of Western Asset Global High Income Fund by 2.1% in the fourth quarter. Invesco Ltd. now owns 365,985 shares of the company’s stock worth $3,701,000 after acquiring an additional 7,642 shares during the last quarter. LPL Financial LLC boosted its position in shares of Western Asset Global High Income Fund by 9.4% in the fourth quarter. LPL Financial LLC now owns 293,434 shares of the company’s stock worth $2,967,000 after acquiring an additional 25,259 shares during the last quarter. NewEdge Advisors LLC acquired a new stake in shares of Western Asset Global High Income Fund in the fourth quarter worth approximately $1,456,000. Guggenheim Capital LLC boosted its position in shares of Western Asset Global High Income Fund by 32.0% in the first quarter. Guggenheim Capital LLC now owns 125,601 shares of the company’s stock worth $1,063,000 after acquiring an additional 30,462 shares during the last quarter. Finally, Advisor Group Holdings Inc. boosted its position in shares of Western Asset Global High Income Fund by 20.6% in the first quarter. Advisor Group Holdings Inc. now owns 38,407 shares of the company’s stock worth $325,000 after acquiring an additional 6,558 shares during the last quarter.

Western Asset Global High Income Fund Company Profile (Get Rating)

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.

See Also

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

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