Western Asset Managed Municipals Fnd Inc (MMU) Declares Monthly Dividend of $0.07
Western Asset Managed Municipals Fnd (NYSE:MMU) declared a monthly dividend on Tuesday, August 19th, American Banking News.com reports. Shareholders of record on Friday, September 19th will be given a dividend of 0.065 per share on Friday, September 26th. This represents a $0.78 dividend on an annualized basis and a yield of 5.88%. The ex-dividend date of this dividend is Wednesday, September 17th.
Western Asset Managed Municipals Fnd (NYSE:MMU) traded up 0.76% during mid-day trading 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’s 50-day moving average is $13.00 and its 200-day moving average is $12.91.
In other Western Asset Managed Municipals Fnd news, major shareholder Citigroup Inc sold 2,000 shares of Western Asset Managed Municipals Fnd stock on the open market in a transaction dated Thursday, August 7th. The shares were sold at an average price of $86.94, for a total value of $173,880.00. The sale was disclosed in a legal filing with the SEC, which is available at this link. Major 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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