Western Asset Intermediate Muni Fund Inc. (NYSE:SBI) declared a monthly dividend on Tuesday, November 14th, Wall Street Journal reports. Investors of record on Friday, December 22nd will be paid a dividend of 0.034 per share on Friday, December 29th. This represents a $0.41 dividend on an annualized basis and a yield of 4.30%. The ex-dividend date of this dividend is Thursday, December 21st.
Western Asset Intermediate Muni Fund has decreased its dividend by an average of 0.3% per year over the last three years.
Shares of Western Asset Intermediate Muni Fund (NYSE:SBI) traded up $0.05 during mid-day trading on Tuesday, reaching $9.48. 24,200 shares of the company were exchanged, compared to its average volume of 25,453. Western Asset Intermediate Muni Fund has a fifty-two week low of $9.30 and a fifty-two week high of $10.13.
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