Western Asset Intermediate Muni Fund About To Put More Money In Your Pocket (SBI)

Looking at the universe of stocks we cover at Dividend Channel, on 10/16/13, Western Asset Intermediate Muni Fund ( SBI) will trade ex-dividend, for its monthly dividend of $0.04, payable on 10/25/13. As a percentage of SBI's recent stock price of $8.88, this dividend works out to approximately 0.45%.

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Below is a dividend history chart for SBI, showing historical dividends prior to the most recent $0.04 declared by Western Asset Intermediate Muni Fund:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from SBI is likely to continue, and whether the current estimated yield of 5.41% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of SBI shares, versus its 200 day moving average:

Western Asset Intermediate Muni Fund 200 Day Moving Average Chart

Looking at the chart above, SBI's low point in its 52 week range is $8.66 per share, with $11.18 as the 52 week high point — that compares with a last trade of $8.88.
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In Monday trading, Western Asset Intermediate Muni Fund shares are currently down about 0.8% on the day.