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

Western Asset Intermediate Muni Fund Inc. (NYSE:SBI) declared a monthly dividend on Tuesday, November 19th,NASDAQ Dividends reports. Shareholders 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 dividend on an annualized basis and a yield of 6.49%. The ex-dividend date of this dividend is Monday, December 23rd.

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

Western Asset Intermediate Muni Fund Trading Up 0.8 %

NYSE SBI traded up $0.06 during trading hours on Friday, reaching $7.77. 192,544 shares of the company’s stock traded hands, compared to its average volume of 46,723. Western Asset Intermediate Muni Fund has a 52-week low of $7.60 and a 52-week high of $8.29. The firm has a 50-day simple moving average of $8.08 and a 200 day simple moving average of $8.03.

Western Asset Intermediate Muni Fund Company Profile

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.