Western Asset Intermediate Muni Fund Inc. Announces Monthly Dividend of $0.04 (NYSE:SBI)

by · The Cerbat Gem

Western Asset Intermediate Muni Fund Inc. (NYSE:SBI – Get Free Report) announced a monthly dividend on Tuesday, August 6th, NASDAQ reports. Stockholders of record on Monday, September 23rd will be given a dividend of 0.042 per share on Tuesday, October 1st. This represents a $0.50 annualized dividend and a dividend yield of 6.13%. The ex-dividend date of this dividend is Monday, September 23rd.

Western Asset Intermediate Muni Fund has raised its dividend payment by an average of 0.9% annually over the last three years.

Western Asset Intermediate Muni Fund Stock Down 0.2 %

Western Asset Intermediate Muni Fund stock opened at $8.22 on Friday. The company has a 50 day moving average price of $8.05 and a 200-day moving average price of $7.90. Western Asset Intermediate Muni Fund has a fifty-two week low of $6.96 and a fifty-two week high of $8.29.

About Western Asset Intermediate Muni Fund

(Get Free Report)

Western Asset Intermediate Muni 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. It invests in the fixed income markets of the United States. The fund invests in securities that provide income exempt from federal income tax.

Read More