Western Asset Intermediate Muni Fund Inc. (NYSE:SBI – Get Free Report) declared a dividend on Monday, March 24th, investing.com reports. Shareholders of record on Tuesday, March 25th will be given a dividend of 0.042 per share on Tuesday, April 1st. This represents a dividend yield of 6.44%. The ex-dividend date is Monday, March 24th.
Western Asset Intermediate Muni Fund has increased its dividend payment by an average of 8.1% annually over the last three years.
Western Asset Intermediate Muni Fund Stock Performance
Shares of SBI stock opened at $7.87 on Tuesday. Western Asset Intermediate Muni Fund has a 12-month low of $7.60 and a 12-month high of $8.29. The firm has a 50 day moving average price of $7.83 and a two-hundred day moving average price of $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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