Western Asset Municipal Partners Fnd Inc Announces Monthly Dividend of $0.06 (NYSE:MNP)

Western Asset Municipal Partners Fnd Inc (NYSE:MNP) announced a monthly dividend on Wednesday, May 22nd, Wall Street Journal reports. Investors of record on Friday, August 23rd will be given a dividend of 0.0575 per share by the financial services provider on Tuesday, September 3rd. This represents a $0.69 dividend on an annualized basis and a yield of 4.60%. The ex-dividend date is Thursday, August 22nd.

Western Asset Municipal Partners Fnd has decreased its dividend by an average of 6.3% annually over the last three years.

Western Asset Municipal Partners Fnd stock traded up $0.01 during trading hours on Friday, hitting $15.01. 7,866 shares of the company traded hands, compared to its average volume of 21,834. Western Asset Municipal Partners Fnd has a 1-year low of $13.19 and a 1-year high of $15.15.

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Western Asset Municipal Partners Fnd Company Profile

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.

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

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