Western Asset Intermediate Muni Fund Inc. (NYSE:SBI – Get Free Report) announced a monthly dividend on Thursday, February 20th, Wall Street Journal reports. Shareholders of record on Thursday, May 22nd will be paid a dividend of 0.042 per share on Monday, June 2nd. This represents a $0.50 dividend on an annualized basis and a yield of 6.36%. The ex-dividend date is Thursday, May 22nd.
Western Asset Intermediate Muni Fund has increased its dividend by an average of 8.1% per year over the last three years.
Western Asset Intermediate Muni Fund Trading Up 0.2 %
Shares of SBI stock opened at $7.93 on Friday. The company has a fifty day moving average price of $7.80 and a two-hundred day moving average price of $8.01. Western Asset Intermediate Muni Fund has a one year low of $7.60 and a one year high of $8.29.
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.
Further Reading
- Five stocks we like better than Western Asset Intermediate Muni Fund
- What Are Trending Stocks? Trending Stocks Explained
- Gold’s Ascent: Can Miners and ETFs Take Investors to $3,000?
- How to Know Which Cryptocurrency to Buy: A Guide for Investors
- Medtronic’s Expansion Gains Momentum—Time for a Market Shift?
- Insider Trading – What You Need to Know
- These 4 Low P/E Tech Stocks Could be Breakout-Ready Bargains
Receive News & Ratings for Western Asset Intermediate Muni Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Western Asset Intermediate Muni Fund and related companies with MarketBeat.com's FREE daily email newsletter.
