
Western Asset Municipal High Income Fund Inc.
MHFFinancial Services · Stock · monthly payer
$6.89
Add to PortfolioForward Yield
5.92%
Annual Dividend
$0.41
Payout Ratio
227%
5-Yr Growth
7.2%
Ex-Date
Jun 23, 2026
Frequency
Monthly
MHF Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is MHF a good dividend stock?
MixedWestern Asset Municipal High Income Fund Inc. (MHF) pays a monthly dividend yielding 5.92% ($0.41/yr), with 3 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Strong 7.2% 5-yr dividend growth
Risks
- Cut its dividend in 2022
- Elevated payout ratio (227%)
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 5.92%
- Payout Ratio
- 227%
- Annual Dividend
- $0.41
- 5-Yr Avg Growth
- 7.2%
- Ex-Dividend Date
- Jun 23, 2026
- Years of Growth
- 3
- Frequency
- monthly
- Beta
- 0.47
- Market Cap
- $153.0M
- P/E Ratio
- 38.3
- 5-Yr Total Return
- -19%
- 52-Week Range
- $6.61 – $7.64
- Dividend Safety
- C · 50/100
- Ever Cut?
- Yes (2022)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 21, 2026 | — | $0.0340 | regular |
| Apr 23, 2026 | — | $0.0340 | regular |
| Mar 24, 2026 | — | $0.0340 | regular |
| Feb 20, 2026 | — | $0.0340 | regular |
| Jan 23, 2026 | — | $0.0340 | regular |
| Dec 23, 2025 | — | $0.0340 | regular |
| Nov 20, 2025 | — | $0.0340 | regular |
| Oct 24, 2025 | — | $0.0340 | regular |
| Sep 23, 2025 | — | $0.0340 | regular |
| Aug 22, 2025 | — | $0.0340 | regular |
| Jul 24, 2025 | — | $0.0340 | regular |
| Jun 23, 2025 | — | $0.0340 | regular |
| May 22, 2025 | — | $0.0340 | regular |
| Apr 23, 2025 | — | $0.0340 | regular |
Income Calculator
At $0.41 / yr per share




