Western Asset Intermediate Muni Fund Inc. (NYSE:SBI – Get Free Report) announced a — dividend on Thursday, November 21st,Wall Street Journal reports. Shareholders of record on Friday, February 21st will be given a dividend of 0.042 per share on Monday, March 3rd. This represents a yield of 6.2%. The ex-dividend date is Friday, February 21st.
Western Asset Intermediate Muni Fund has raised its dividend payment by an average of 0.9% per year over the last three years.
Western Asset Intermediate Muni Fund Stock Performance
Western Asset Intermediate Muni Fund stock opened at $8.02 on Friday. Western Asset Intermediate Muni Fund has a one year low of $7.46 and a one year high of $8.29. The company has a 50-day simple moving average of $8.13 and a 200-day simple moving average of $7.99.
Western Asset Intermediate Muni Fund Company Profile
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.
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