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

Western Asset Intermediate Muni Fund Inc. (NYSE:SBI) announced a monthly dividend on Wednesday, May 19th, Wall Street Journal reports. Stockholders of record on Friday, July 23rd will be given a dividend of 0.0235 per share on Monday, August 2nd. This represents a $0.28 dividend on an annualized basis and a dividend yield of 2.89%. The ex-dividend date is Thursday, July 22nd.

NYSE SBI opened at $9.75 on Wednesday. Western Asset Intermediate Muni Fund has a 1-year low of $8.61 and a 1-year high of $9.90. The company has a 50 day simple moving average of $9.66.

About Western Asset Intermediate Muni Fund

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

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