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

Western Asset Global High Income Fund Inc. (NYSE:EHIGet Rating) announced a monthly dividend on Friday, February 18th, Wall Street Journal reports. Stockholders of record on Monday, May 23rd will be given a dividend of 0.067 per share on Wednesday, June 1st. This represents a $0.80 dividend on an annualized basis and a dividend yield of 10.78%. The ex-dividend date of this dividend is Friday, May 20th.

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

EHI opened at $7.46 on Wednesday. Western Asset Global High Income Fund has a fifty-two week low of $7.44 and a fifty-two week high of $10.77. The stock has a fifty day moving average of $8.06 and a 200-day moving average of $9.02.

Institutional investors and hedge funds have recently bought and sold shares of the company. Raymond James & Associates acquired a new stake in shares of Western Asset Global High Income Fund during the first quarter worth $104,000. Royal Bank of Canada raised its stake in Western Asset Global High Income Fund by 9.4% in the third quarter. Royal Bank of Canada now owns 14,028 shares of the company’s stock valued at $144,000 after purchasing an additional 1,209 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in Western Asset Global High Income Fund by 60.7% in the first quarter. Envestnet Asset Management Inc. now owns 26,228 shares of the company’s stock valued at $222,000 after purchasing an additional 9,910 shares in the last quarter. Lumature Wealth Partners LLC acquired a new position in Western Asset Global High Income Fund in the first quarter valued at about $263,000. Finally, Bank of America Corp DE raised its stake in Western Asset Global High Income Fund by 24.0% in the fourth quarter. Bank of America Corp DE now owns 26,649 shares of the company’s stock valued at $269,000 after purchasing an additional 5,162 shares in 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.

Further Reading

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

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