Western Asset Municipal High Income Fund (MHF) Dividend Calculator
Western Asset Municipal High Income Fund Inc. · how much MHF pays you, by shares or dollars · updated
100 shares of Western Asset Municipal High Income Fund (MHF) pay $41.00 a year in dividends, about $3.40 each month, at the current monthly dividend of $0.0340 per share (as of Nov 5, 2026). At the $6.39 share price that is a 6.41% yield, so $10,000 buys about 1,564.5 shares and pays about $641 a year. To get the next payment, buy by Nov 19, 2026.
Per share, a year
$0.41
100 shares, a year
$41.00
$10,000 invested, a year
$641.46
Shares for $1,000 a month
29,269
MHF Western Asset Municipal High Income Fund Inc.
$6.39 · $0.41/yr dividend · 6.34% yield · monthly
Annual income
$41.00
Monthly (average)
$3.42
Per payment (monthly)
$3.42
Dividend yield
6.42%
Yield on cost
—
Enter your cost
Position value
$639
Your payments over the next 12 months
Based on MHF's actual pay dates over the past year
Income over 10 years if the dividend keeps growing 7.82% a year
Same shares, no reinvestment. Year 10: $81 · 10-year total: $589. Add reinvestment in the DRIP calculator →
How many MHF shares for a monthly income
Shares and money needed to earn each monthly amount from Western Asset Municipal High Income Fund dividends alone, at today's rate and price, before tax. Spreading it across several stocks lowers the risk that one cut hits your whole income.
| Monthly income | Shares needed | Cost today |
|---|---|---|
| $100 a month | 2,927 | $18,709 |
| $250 a month | 7,318 | $46,774 |
| $500 a month | 14,635 | $93,543 |
| $1,000 a month | 29,269 | $187,079 |
| $2,000 a month | 58,537 | $374,151 |
| $5,000 a month | 146,342 | $935,374 |
What 100 shares of MHF paid each year
Holding 100 shares, you would have received $32.80 in 2016 and $40.80 in 2025, up 24%, without buying another share. If the dividend kept growing 7.8% a year, its five-year pace, the same 100 shares would pay about $81 in year 10. That is a projection, not a promise.
When you get the next MHF dividend
Last day to buy
Nov 19, 2026
Ex-dividend date
Nov 20, 2026
Pay date
Dec 4, 2026
Buy MHF by the close on the last day to buy and you are paid $0.0340 per share on Dec 4, 2026. Buy on the ex-dividend date or later and the seller gets it. MHF ex-dividend dates →
How the MHF dividend is calculated
Yearly income = shares × $0.41
Each payment = shares × $0.0340
Shares for a monthly income = (monthly goal × 12) ÷ $0.41
The rate is Western Asset Municipal High Income Fund's current dividend as of Nov 5, 2026. A board can raise, cut or skip a dividend, so check the MHF dividend safety grade before counting on it.
Key facts: Western Asset Municipal High Income Fund (MHF) dividend income
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, 100 shares of Western Asset Municipal High Income Fund (MHF) pay $41.00 a year in dividends before tax, about $3.40 each month, at $0.41 per share a year.
- At its Nov 5, 2026 share price of $6.39, MHF yields 6.41%: $10,000 buys about 1,564.5 shares, which pay about $641.46 a year.
- Earning $1,000 a month ($12,000 a year) from MHF dividends alone takes about 29,269 shares, roughly $187,079 at today's price, before tax.
- 100 shares of MHF paid $32.80 in dividends in 2016 and $40.80 in 2025, up 24%.
- The next MHF dividend goes ex-dividend on Nov 20, 2026 and is paid on Dec 4, 2026; the last day to buy shares and receive it is Nov 19, 2026.
Cite this page
SmarterDividends, "Western Asset Municipal High Income Fund (MHF) Dividend Calculator," updated Nov 5, 2026, https://smarterdividends.com/stocks/MHF/dividend-calculator
Frequently asked questions
How much dividend does 100 shares of MHF pay?
As of Nov 5, 2026, 100 shares of Western Asset Municipal High Income Fund (MHF) pay $41.00 a year in dividends before tax, about $3.40 each month, at $0.41 per share a year.
How much dividend does 1,000 shares of MHF pay?
About $410 a year before tax, or $34.00 each month, at Western Asset Municipal High Income Fund's current rate of $0.41 per share a year. Buying 1,000 shares costs about $6,392 at the Nov 5, 2026 price.
How many shares of MHF do I need to make $1,000 a month?
About 29,269 shares. $1,000 a month is $12,000 a year; divided by $0.41 a share, that's 29,269 shares, or about $187,079 at today's $6.39 price. Taxes in a regular brokerage account raise the number.
How much do I need to invest in MHF to make $100 a month?
About $18,707. $100 a month is $1,200 a year, and at a 6.41% yield that takes $18,707, or about 2,927 shares.
How often does Western Asset Municipal High Income Fund pay dividends?
Western Asset Municipal High Income Fund (MHF) pays every month, so you get 12 payments a year of about $0.0340 per share each.
How is the MHF dividend calculated?
Multiply your shares by the dividend per share. Western Asset Municipal High Income Fund pays about $0.41 per share a year, so each share earns $0.41 a year and $0.0340 each month. Shares bought on or after the ex-dividend date don't get the next payment.
Are MHF dividends taxed?
In a U.S. taxable account, yes. Regular dividends from most U.S. companies are qualified, taxed at 0%, 15% or 20%, if you held the shares more than 60 days around the ex-dividend date. Foreign companies may also withhold tax at source. Inside an IRA, Roth IRA or 401(k), dividends aren't taxed when paid.
Figures use SmarterDividends data as of Nov 5, 2026, before tax, and assume the current dividend rate holds. For information only, not investment or tax advice. Back to MHF