Western Asset Intermediate Muni Fund Inc. (NYSE:SBI – Get Free Report) announced a dividend on Thursday, January 23rd,investing.com reports. Stockholders of record on Monday, January 27th will be given a dividend of 0.042 per share on Monday, February 3rd. This represents a dividend yield of 6.46%. The ex-dividend date of this dividend is Friday, January 24th. This is a positive change from Western Asset Intermediate Muni Fund’s previous dividend of $0.02.
Western Asset Intermediate Muni Fund has increased its dividend by an average of 19.6% annually over the last three years.
Western Asset Intermediate Muni Fund Stock Down 0.7 %
Shares of SBI stock opened at $7.80 on Friday. The business’s fifty day moving average price is $7.93 and its 200 day moving average price is $8.03. Western Asset Intermediate Muni Fund has a 1-year low of $7.60 and a 1-year high of $8.29.
Western Asset Intermediate Muni Fund Company Profile
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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