Western Asset Intermediate Muni Fund Inc. (NYSE:SBI – Get Free Report) declared a monthly dividend on Tuesday, November 19th,NASDAQ Dividends reports. Stockholders of record on Monday, December 23rd will be paid a dividend of 0.042 per share on Tuesday, December 31st. This represents a $0.50 dividend on an annualized basis and a dividend yield of 6.49%. The ex-dividend date of this dividend is Monday, December 23rd.
Western Asset Intermediate Muni Fund has raised its dividend by an average of 0.9% per year over the last three years.
Western Asset Intermediate Muni Fund Stock Up 0.8 %
Western Asset Intermediate Muni Fund stock opened at $7.77 on Friday. The firm’s fifty day moving average price is $8.08 and its two-hundred day moving average price is $8.03. Western Asset Intermediate Muni Fund has a 1-year low of $7.60 and a 1-year high of $8.29.
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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