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Western Asset Municipal High Income Fund Inc. (NYSE:MHF) Declares $0.03 Monthly Dividend
Western Asset Municipal High Income Fund Inc. (NYSE:MHF) has declared a monthly dividend of $0.034 per share, payable on March 31st to shareholders of record on March 24th, resulting in an annualized yield of 5.9%. The stock traded at $6.92 on low volume, with its 50-day moving average at $6.92 and 200-day moving average at $7.01. MHF is a closed-end fund focusing on U.S. municipal high-yield bonds to provide tax-exempt income, managed by Western Asset Management, a subsidiary of Franklin Resources.