Western Asset Intermediate Muni Fund Inc. (NYSE:SBI – Get Free Report) announced a — dividend on Wednesday, November 20th,Wall Street Journal reports. Investors of record on Friday, February 21st will be paid a dividend of 0.042 per share on Monday, March 3rd. This represents a yield of 6.2%. The ex-dividend date is Friday, February 21st.
Western Asset Intermediate Muni Fund has increased its dividend by an average of 8.1% per year over the last three years.
Western Asset Intermediate Muni Fund Stock Performance
Shares of SBI stock opened at $7.88 on Wednesday. Western Asset Intermediate Muni Fund has a twelve month low of $7.60 and a twelve month high of $8.29. The stock’s fifty day simple moving average is $7.82 and its 200 day simple moving average is $8.01.
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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