Western Asset Intermediate Muni Fund Inc. Plans Monthly Dividend of $0.04 (NYSE:SBI)

Western Asset Intermediate Muni Fund Inc. (NYSE:SBIGet Free Report) announced a monthly dividend on Wednesday, May 22nd, Zacks reports. Stockholders of record on Friday, June 21st will be paid a dividend of 0.042 per share on Monday, July 1st. This represents a $0.50 dividend on an annualized basis and a dividend yield of 6.42%. The ex-dividend date of this dividend is Friday, June 21st.

Western Asset Intermediate Muni Fund has raised its dividend by an average of 0.9% per year over the last three years.

Western Asset Intermediate Muni Fund Stock Up 0.2 %

Shares of Western Asset Intermediate Muni Fund stock opened at $7.85 on Thursday. Western Asset Intermediate Muni Fund has a 52-week low of $6.96 and a 52-week high of $8.00. The company has a fifty day moving average of $7.76 and a 200-day moving average of $7.79.

Western Asset Intermediate Muni Fund Company Profile

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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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Dividend History for Western Asset Intermediate Muni Fund (NYSE:SBI)

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