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

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Western Asset Global High Income Fnd Inc (NYSE:EHI) announced a monthly dividend on Wednesday, May 22nd, Wall Street Journal reports. Investors of record on Friday, July 19th will be paid a dividend of 0.063 per share on Thursday, August 1st. This represents a $0.76 annualized dividend and a dividend yield of 7.58%. The ex-dividend date of this dividend is Thursday, July 18th.

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

Shares of EHI opened at $9.97 on Wednesday. The business’s 50-day simple moving average is $9.85. Western Asset Global High Income Fnd has a 12-month low of $7.99 and a 12-month high of $9.99.

In related news, major shareholder Saba Capital Management, L.P. bought 7,767 shares of the stock in a transaction that occurred on Friday, April 26th. The stock was purchased at an average cost of $9.69 per share, for a total transaction of $75,262.23. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last quarter, insiders have bought 401,990 shares of company stock valued at $3,908,081.

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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