Western Asset Intermediate Muni Fund Inc. Declares Monthly Dividend of $0.02 (NYSE:SBI)

Western Asset Intermediate Muni Fund Inc. (NYSE:SBIGet Rating) announced a monthly dividend on Thursday, February 17th, Wall Street Journal reports. Investors of record on Friday, April 22nd will be given a dividend of 0.0235 per share on Monday, May 2nd. This represents a $0.28 annualized dividend and a yield of 3.47%. The ex-dividend date of this dividend is Thursday, April 21st.

SBI opened at $8.13 on Tuesday. Western Asset Intermediate Muni Fund has a fifty-two week low of $8.11 and a fifty-two week high of $9.99. The stock’s 50-day simple moving average is $8.72.

An institutional investor recently bought a new position in Western Asset Intermediate Muni Fund stock. Susquehanna International Group LLP purchased a new stake in Western Asset Intermediate Muni Fund Inc. (NYSE:SBIGet Rating) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 11,512 shares of the company’s stock, valued at approximately $111,000.

About Western Asset Intermediate Muni Fund (Get Rating)

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.

See Also

Dividend History for Western Asset Intermediate Muni Fund (NYSE:SBI)

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