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

Western Asset Intermediate Muni Fund Inc. (NYSE:SBI) declared a monthly dividend on Tuesday, August 6th, NASDAQ reports. Shareholders of record on Monday, September 23rd will be paid a dividend of 0.042 per share on Tuesday, October 1st. This represents a $0.50 dividend on an annualized basis and a yield of 6.13%. The ex-dividend date of this dividend is Monday, September 23rd.

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

Western Asset Intermediate Muni Fund Stock Down 0.2 %

Shares of SBI stock opened at $8.22 on Friday. Western Asset Intermediate Muni Fund has a twelve month low of $6.96 and a twelve month high of $8.29. The business’s fifty day moving average is $8.05 and its 200 day moving average is $7.90.

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.