Neuberger Berman Municipal Fund Inc. (NBH) To Go Ex-Dividend on March 31st

Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH) declared a monthly dividend on Monday, March 17th, Wall Street Journal reports. Investors of record on Monday, March 31st will be paid a dividend of 0.0542 per share on Tuesday, April 15th. This represents a $0.65 dividend on an annualized basis and a yield of 6.25%. The ex-dividend date of this dividend is Monday, March 31st.

Neuberger Berman Municipal Fund Stock Performance

Shares of NBH opened at $10.40 on Wednesday. The stock’s 50-day moving average is $10.45. Neuberger Berman Municipal Fund has a fifty-two week low of $10.03 and a fifty-two week high of $11.41.

About Neuberger Berman Municipal Fund

Neuberger Berman Intermediate Municipal Fund Inc is a closed-ended fixed income mutual fund launched and managed by Neuberger Berman LLC. The fund is co-managed by Neuberger Berman Management LLC. It invests in the fixed income markets of the United States. The fund primarily invests in municipal bonds which have income that is exempt from federal income tax and have remaining maturities of less than 15 years.