Western Asset Municipal Partners Fund Dividend
Dividend criteria checks 3/6
Western Asset Municipal Partners Fund is a dividend paying company with a current yield of 4.88%. Last payment was on 1st November, 2023 with an ex-dividend date of 23rd October, 2023.
Key information
4.9%
Dividend yield
-140%
Payout ratio
| Industry average yield | 2.4% |
| Next dividend pay date | 01 Nov 23 |
| Ex dividend date | 23 Oct 23 |
| Dividend per share | n/a |
| Earnings per share | -US$0.39 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MNP's dividend payments have been volatile in the past 10 years.
Growing Dividend: MNP's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Western Asset Municipal Partners Fund Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MNP) | 4.9% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.8% |
| Industry Average (Capital Markets) | 2.4% |
| Analyst forecast in 3 Years (MNP) | n/a |
Notable Dividend: MNP's dividend (4.88%) is higher than the bottom 25% of dividend payers in the US market (1.56%).
High Dividend: MNP's dividend (4.88%) is in the top 25% of dividend payers in the US market (4.79%)
Earnings Payout to Shareholders
Earnings Coverage: MNP is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (36.3%), MNP's dividend payments are well covered by cash flows.