Federated Premier Intermediate Municipal (NYSE:FPT) declared a monthly dividend on Friday, August 11th, Wall Street Journal reports. Shareholders of record on Wednesday, August 23rd will be given a dividend of 0.045 per share on Friday, September 1st. This represents a $0.54 dividend on an annualized basis and a yield of 3.91%. The ex-dividend date of this dividend is Monday, August 21st.

Federated Premier Intermediate Municipal has decreased its dividend payment by an average of 3.3% annually over the last three years.

Federated Premier Intermediate Municipal (FPT) traded down 0.65% during trading on Friday, reaching $13.72. 22,032 shares of the company’s stock were exchanged. Federated Premier Intermediate Municipal has a 52-week low of $12.55 and a 52-week high of $14.47. The stock’s 50-day moving average price is $13.78 and its 200-day moving average price is $13.29.

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Federated Premier Intermediate Municipal Company Profile

Federated Premier Intermediate Municipal Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is to provide current income exempt from federal income tax, including the federal alternative minimum tax (AMT). The Fund invests in various sectors, such as pre-refunded, dedicated tax, hospital, education, toll road, senior care, water and sewer, public power, airport, industrial development bond/pollution control revenue and public power.

Dividend History for Federated Premier Intermediate Municipal (NYSE:FPT)

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