Western Asset Global High Income Fund Inc. (EHI) To Go Ex-Dividend on August 23rd

Posted by Defense World Staff on Aug 21st, 2023

Western Asset Global High Income Fund Inc. (NYSE:EHI – Get Free Report) declared a monthly dividend on Wednesday, May 17th, Wall Street Journal reports. Investors of record on Thursday, August 24th will be given a dividend of 0.067 per share on Friday, September 1st. This represents a $0.80 annualized dividend and a yield of 11.45%. The ex-dividend date of this dividend is Wednesday, August 23rd.

Western Asset Global High Income Fund has raised its dividend by an average of 1.7% per year over the last three years.

Western Asset Global High Income Fund Price Performance

EHI stock opened at $7.02 on Monday. Western Asset Global High Income Fund has a 12 month low of $6.33 and a 12 month high of $7.90. The firm’s 50-day moving average is $7.24 and its 200 day moving average is $7.19.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in EHI. Envestnet Asset Management Inc. increased its stake in Western Asset Global High Income Fund by 60.7% in the 1st quarter. Envestnet Asset Management Inc. now owns 26,228 shares of the company’s stock worth $222,000 after buying an additional 9,910 shares during the period. Advisor Group Holdings Inc. increased its position in Western Asset Global High Income Fund by 20.6% during the 1st quarter. Advisor Group Holdings Inc. now owns 38,407 shares of the company’s stock valued at $325,000 after purchasing an additional 6,558 shares during the period. Raymond James & Associates purchased a new position in Western Asset Global High Income Fund during the 1st quarter valued at about $104,000. NewEdge Advisors LLC increased its position in Western Asset Global High Income Fund by 8.5% during the 1st quarter. NewEdge Advisors LLC now owns 156,320 shares of the company’s stock valued at $1,324,000 after purchasing an additional 12,274 shares during the period. Finally, Lumature Wealth Partners LLC purchased a new position in Western Asset Global High Income Fund during the 1st quarter valued at about $263,000.

Western Asset Global High Income Fund Company Profile

(Get Free Report)

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.