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

Western Asset Global High Income Fund Inc. (NYSE:EHI) declared a monthly dividend on Thursday, May 14th. Investors of record on Monday, August 24th will be paid a dividend of 0.07 per share on Monday, August 31st. This represents a c) dividend on an annualized basis and a yield of 13.9%. The ex-dividend date of this dividend is Monday, August 24th.

Western Asset Global High Income Fund Price Performance

Western Asset Global High Income Fund stock traded down $0.02 during midday trading on Thursday, reaching $6.05. 50,690 shares of the stock traded hands, compared to its average volume of 96,706. The stock’s fifty day moving average is $6.12 and its 200-day moving average is $6.30. Western Asset Global High Income Fund has a 12 month low of $5.80 and a 12 month high of $6.70.

About Western Asset Global High Income Fund

Western Asset Global High Income Fund (NYSE: EHI) is a diversified, closed-end management investment company that seeks to provide high current income by investing primarily in a broad range of high-yield and emerging-market debt securities. The fund’s portfolio typically includes corporate and sovereign bonds, bank loans, convertible securities and other credit instruments denominated in U.S. dollars and foreign currencies. By accessing global credit markets, EHI aims to capture attractive yield opportunities across developed and developing economies.

Launched in the late 2000s, the fund employs both fundamental credit analysis and top-down macroeconomic research to construct a portfolio that balances income generation with risk management.