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

Western Asset Municipal Partners Fnd Inc (NYSE:MNP) announced a monthly dividend on Friday, February 16th, Wall Street Journal reports. Shareholders of record on Friday, May 25th will be paid a dividend of 0.0625 per share by the financial services provider on Friday, June 1st. This represents a $0.75 dividend on an annualized basis and a yield of 5.21%. The ex-dividend date of this dividend is Thursday, May 24th.

Western Asset Municipal Partners Fnd has decreased its dividend payment by an average of 2.7% annually over the last three years.

Shares of Western Asset Municipal Partners Fnd (MNP) opened at $14.40 on Friday. Western Asset Municipal Partners Fnd has a fifty-two week low of $14.09 and a fifty-two week high of $16.26.

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Western Asset Municipal Partners Fnd Company Profile

Western Asset Municipal Partners Fund Inc is a diversified, closed-end management investment company. The Fund’s primary investment objective is to seek a high level of current income, which is exempt from regular federal income taxes, consistent with the preservation of capital. As a secondary investment objective, the Fund intends to enhance portfolio value by purchasing tax-exempt securities that, in the opinion of the investment manager, may appreciate in value relative to other similar obligations in the marketplace.

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

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