Western Asset Managed Municipals Fund Dividend
Dividend criteria checks 3/6
Western Asset Managed Municipals Fund is a dividend paying company with a current yield of 5.12%. Next payment date is on 3rd June, 2024 with an ex-dividend date of 22nd May, 2024.
Key information
5.1%
Dividend yield
90%
Payout ratio
| Industry average yield | 2.3% |
| Next dividend pay date | 03 Jun 24 |
| Ex dividend date | 22 May 24 |
| Dividend per share | n/a |
| Earnings per share | US$0.49 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MMU's dividend payments have been volatile in the past 10 years.
Growing Dividend: MMU's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Western Asset Managed Municipals Fund Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MMU) | 5.1% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.7% |
| Industry Average (Capital Markets) | 2.3% |
| Analyst forecast in 3 Years (MMU) | n/a |
Notable Dividend: MMU's dividend (5.12%) is higher than the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: MMU's dividend (5.12%) is in the top 25% of dividend payers in the US market (4.7%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (90.3%), MMU's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (70.9%), MMU's dividend payments are covered by cash flows.