Western Asset Municipal High Income Fund Dividend
Dividend criteria checks 1/6
Western Asset Municipal High Income Fund is a dividend paying company with a current yield of 3.92%. Next payment date is on 3rd June, 2024 with an ex-dividend date of 22nd May, 2024.
Key information
3.9%
Dividend yield
130%
Payout ratio
Industry average yield | 2.2% |
Next dividend pay date | 03 Jun 24 |
Ex dividend date | 22 May 24 |
Dividend per share | n/a |
Earnings per share | US$0.18 |
Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MHF's dividend payments have been volatile in the past 10 years.
Growing Dividend: MHF's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Western Asset Municipal High Income Fund Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (MHF) | 3.9% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.6% |
Industry Average (Capital Markets) | 2.2% |
Analyst forecast in 3 Years (MHF) | n/a |
Notable Dividend: MHF's dividend (3.92%) is higher than the bottom 25% of dividend payers in the US market (1.49%).
High Dividend: MHF's dividend (3.92%) is low compared to the top 25% of dividend payers in the US market (4.6%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (130.3%), MHF's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate MHF's cash payout ratio to determine if its dividend payments are covered by cash flows.