Western Asset Intermediate Muni Fund Inc. (SBI) To Go Ex-Dividend on January 24th

Western Asset Intermediate Muni Fund Inc. (NYSE:SBI) declared a dividend on Wednesday, January 22nd,investing.com reports. Shareholders of record on Monday, January 27th will be given a dividend of 0.042 per share on Monday, February 3rd. This represents a yield of 6.42%. The ex-dividend date of this dividend is Friday, January 24th. This is an increase from Western Asset Intermediate Muni Fund’s previous dividend of $0.02.

Western Asset Intermediate Muni Fund has increased its dividend by an average of 19.6% annually over the last three years.

Western Asset Intermediate Muni Fund Price Performance

NYSE SBI traded down $0.04 on Wednesday, hitting $7.85. The stock had a trading volume of 53,823 shares, compared to its average volume of 39,986. The business’s fifty day moving average price is $7.93 and its 200 day moving average price is $8.03. Western Asset Intermediate Muni Fund has a 52-week low of $7.60 and a 52-week 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.