Western Asset Intermediate Muni Fund Inc. (NYSE:SBI – Get Free Report) announced a monthly dividend on Wednesday, August 5th. Investors of record on Friday, October 23rd will be paid a dividend of $0.0420 per share on Friday, October 30th. This represents a $0.50 annualized dividend and a dividend yield of 6.9%. The ex-dividend date is Friday, October 23rd.
Western Asset Intermediate Muni Fund Price Performance
Shares of NYSE SBI opened at $7.26 on Wednesday. Western Asset Intermediate Muni Fund has a 12 month low of $6.86 and a 12 month high of $8.01. The stock has a 50-day moving average price of $7.34 and a two-hundred day moving average price of $7.62.
Western Asset Intermediate Muni Fund Company Profile
Western Asset Intermediate Muni Fund Inc is a closed-end investment company listed on the New York Stock Exchange under the symbol SBI. The fund seeks to provide current income that is exempt from regular U.S. federal income tax by investing primarily in municipal securities issued by state and local governments, public authorities and related entities.
The fund focuses on intermediate-term municipal bonds and may invest in securities issued by municipalities and public agencies across the United States.
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