Western Asset Intermediate Muni Fund Inc. (NYSE:SBI – Get Free Report) declared a monthly dividend on Friday, May 24th, Wall Street Journal reports. Investors of record on Friday, August 23rd will be given a dividend of 0.042 per share on Tuesday, September 3rd. This represents a $0.50 dividend on an annualized basis and a yield of 6.23%. The ex-dividend date of this dividend is Friday, August 23rd.
Western Asset Intermediate Muni Fund has increased its dividend payment by an average of 0.9% per year over the last three years.
Western Asset Intermediate Muni Fund Stock Performance
NYSE:SBI opened at $8.09 on Thursday. Western Asset Intermediate Muni Fund has a 52 week low of $6.96 and a 52 week high of $8.15. The stock’s fifty day moving average is $7.93 and its two-hundred day moving average is $7.86.
About Western Asset Intermediate Muni Fund
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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