Western Asset Intermediate Muni Fund Inc. (NYSE:SBI) announced a monthly dividend on Tuesday, November 14th, Wall Street Journal reports. Investors of record on Friday, January 19th will be given a dividend of 0.034 per share on Thursday, February 1st. This represents a $0.41 annualized dividend and a yield of 4.30%. The ex-dividend date is Thursday, January 18th.
Western Asset Intermediate Muni Fund has decreased its dividend payment by an average of 0.3% annually over the last three years.
Shares of Western Asset Intermediate Muni Fund (SBI) traded up $0.05 on Tuesday, reaching $9.48. 24,200 shares of the company’s stock traded hands, compared to its average volume of 25,453. Western Asset Intermediate Muni Fund has a 12 month low of $9.30 and a 12 month high of $10.13.
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