Dividend Information About Western Asset Intermediate Muni Fund: Everything You Need to Know Before Its Ex-Dividend Date on Sep 23, 2025

Generated by AI AgentAinvest Dividend Digest
Friday, Sep 19, 2025 10:13 pm ET1min read
SBI--
Aime RobotAime Summary

- Western Asset Intermediate Muni Fund (SBI) declared a $0.042/share cash dividend, exceeding its 10-year average of $0.0293/share.

- The ex-dividend date is Sep 23, 2025, with payment scheduled for Oct 1, 2025, maintaining consistent payout structure since Sep 2.

- Federal Reserve's 25-basis-point rate cut and Franklin Resources' financial updates reinforce SBI's stable dividend policy amid macroeconomic shifts.

- Franklin Templeton's 2025 Q3-4 distributions and SBI's liquidity position suggest continued regular payouts despite market volatility.

Western Asset Intermediate Muni Fund (SBI) has announced its upcoming cash dividend of $0.04200000 per share, with an ex-dividend date set for Sep 23, 2025. This follows the company’s announcement on Aug 6, 2025, and the expected payment date of Oct 1, 2025. The recent dividend is higher than the average of the last 10 dividend payments, which stood at $0.0293038 per share, indicating a positive shift in the company’s dividend policy. The last dividend, which also amounted to $0.04200000 per share, was distributed on Sep 2, 2025, under the same cash dividend format. Investors can expect consistency in the company’s payout structure, as the current and previous dividends are identical in amount and type.

Over the past week, several key developments have emerged that may influence the company’s performance and market positioning. Recently, the Federal Reserve has taken a proactive step by lowering interest rates by 25 basis points to support a slowing job market, with hints of additional rate cuts expected in 2025. These policy adjustments are likely to affect fixed-income markets and could influence investor sentiment toward muni funds like SBI. Additionally, Franklin ResourcesBEN--, Inc. has published updates on the financial position of its closed-end funds, including Western Asset Intermediate Muni Fund Inc., offering insight into its balance sheet and liquidity. As of late, Franklin Templeton Fund Adviser, LLC has also announced distributions for the months of September, October, and November 2025, reinforcing the fund’s regular payout pattern and financial stability. These recent updates collectively suggest the fund remains well-positioned to continue its consistent dividend policy despite evolving macroeconomic conditions.

In conclusion, the Western Asset Intermediate Muni Fund has demonstrated a stable and generous dividend approach, with its latest payout surpassing the 10-year average. Investors should note that the ex-dividend date for this distribution is Sep 23, 2025. This is the last day for investors to purchase shares and still be eligible to receive the $0.04200000 per share dividend. Any purchase made after this date will not entitle the investor to this particular payout.

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