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

by · The Markets Daily

Western Asset Intermediate Muni Fund Inc. (NYSE:SBI – Get Free Report) declared a monthly dividend on Tuesday, November 19th,NASDAQ Dividends reports. Stockholders of record on Monday, December 23rd will be given a dividend of 0.042 per share on Tuesday, December 31st. This represents a $0.50 annualized dividend and a dividend yield of 6.49%. The ex-dividend date is Monday, December 23rd.

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

Western Asset Intermediate Muni Fund Stock Performance

Shares of NYSE SBI opened at $7.77 on Friday. The firm has a 50 day moving average price of $8.08 and a two-hundred day moving average price of $8.03. Western Asset Intermediate Muni Fund has a 52-week low of $7.60 and a 52-week high of $8.29.

About Western Asset Intermediate Muni Fund

(Get Free Report)

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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