Western Asset Intermediate Muni Fund Inc. (NYSE:SBI – Get Free Report) announced a monthly dividend on Wednesday, February 19th, NASDAQ Dividends reports. Investors of record on Monday, March 24th will be given a dividend of 0.042 per share on Tuesday, April 1st. This represents a $0.50 annualized dividend and a yield of 6.44%. The ex-dividend date is Monday, March 24th.
Western Asset Intermediate Muni Fund has raised its dividend by an average of 8.1% per year over the last three years.
Western Asset Intermediate Muni Fund Price Performance
NYSE SBI opened at $7.83 on Friday. Western Asset Intermediate Muni Fund has a 1 year low of $7.60 and a 1 year high of $8.29. The business’s fifty day moving average is $7.83 and its two-hundred day moving average is $7.98.
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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