Western Asset Managed Municipals Fnd Inc Declares Monthly Dividend of $0.07 (MMU)
Western Asset Managed Municipals Fnd (NYSE:MMU) announced a monthly dividend on Tuesday, August 19th, ARN reports. Shareholders of record on Friday, October 24th will be paid a dividend of 0.065 per share on Friday, October 31st. This represents a $0.78 annualized dividend and a dividend yield of 5.88%. The ex-dividend date is Wednesday, October 22nd.
Shares of Western Asset Managed Municipals Fnd (NYSE:MMU) traded up 0.76% on Tuesday, hitting $13.30. 88,488 shares of the company’s stock traded hands. Western Asset Managed Municipals Fnd has a 52-week low of $11.43 and a 52-week high of $13.38. The stock has a 50-day moving average of $13.00 and a 200-day moving average of $12.91.
In other Western Asset Managed Municipals Fnd news, major shareholder Citigroup Inc sold 2,000 shares of the stock in a transaction that occurred on Thursday, August 7th. The shares were sold at an average price of $86.94, for a total value of $173,880.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Large shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.
Western Asset Managed Municipals Fund Inc (NYSE:MMU) is registered as a non-diversified, closed-end management investment company.
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