Western Asset Municipal Partners Fnd Inc (NYSE:MNP) Announces Monthly Dividend of $0.05

Western Asset Municipal Partners Fnd Inc (NYSE:MNP) announced a monthly dividend on Thursday, August 20th, Wall Street Journal reports. Stockholders of record on Wednesday, September 23rd will be paid a dividend of 0.0475 per share by the financial services provider on Thursday, October 1st. This represents a $0.57 dividend on an annualized basis and a dividend yield of 3.94%. The ex-dividend date is Tuesday, September 22nd.

Western Asset Municipal Partners Fnd has decreased its dividend payment by 23.1% over the last three years and has raised its dividend every year for the last 1 years.

Shares of MNP stock opened at $14.45 on Monday. The company’s fifty day simple moving average is $14.69 and its 200-day simple moving average is $14.11. Western Asset Municipal Partners Fnd has a 12 month low of $11.32 and a 12 month high of $15.80.

About Western Asset Municipal Partners Fnd

Western Asset Municipal Partners 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 fixed income markets of the United States. The fund primarily invests in investment grade tax exempt securities issued by municipalities.

Recommended Story: 52-Week High/Low

Dividend History for Western Asset Municipal Partners Fnd (NYSE:MNP)

Receive News & Ratings for Western Asset Municipal Partners Fnd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Western Asset Municipal Partners Fnd and related companies with MarketBeat.com's FREE daily email newsletter.



Comments


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit