Western Asset Intermediate Muni Fund Inc (NYSE:SBI) declared a dividend on Tuesday, August 20th, NASDAQ reports. Shareholders of record on Friday, September 20th will be given a dividend of 0.027 per share on Tuesday, October 1st. The ex-dividend date is Thursday, September 19th.
Western Asset Intermediate Muni Fund has decreased its dividend by an average of 9.1% per year over the last three years.
Shares of SBI traded up $0.01 during mid-day trading on Tuesday, reaching $9.05. The stock had a trading volume of 644 shares, compared to its average volume of 25,188. Western Asset Intermediate Muni Fund has a 52-week low of $8.18 and a 52-week high of $9.48. The business’s fifty day moving average is $9.22 and its 200 day moving average is $8.95.
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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