Western Asset Intermediate Muni Fund Inc. (NYSE:SBI – Get Free Report) announced a monthly dividend on Tuesday, August 6th, NASDAQ reports. Shareholders of record on Monday, September 23rd will be paid a dividend of 0.042 per share on Tuesday, October 1st. This represents a $0.50 annualized dividend and a yield of 6.13%. The ex-dividend date is Monday, September 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 Trading Down 0.2 %
Shares of NYSE:SBI opened at $8.22 on Friday. Western Asset Intermediate Muni Fund has a 52 week low of $6.96 and a 52 week high of $8.29. The company’s fifty day moving average is $8.05 and its 200 day moving average is $7.90.
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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