Western Asset Intermediate Muni Fund Dividend
Dividend criteria checks 3/6
Western Asset Intermediate Muni Fund is a dividend paying company with a current yield of 6.52%. Next payment date is on 1st May, 2024 with an ex-dividend date of 22nd April, 2024.
Key information
6.5%
Dividend yield
123%
Payout ratio
| Industry average yield | 2.4% |
| Next dividend pay date | 01 May 24 |
| Ex dividend date | 22 Apr 24 |
| Dividend per share | n/a |
| Earnings per share | US$0.23 |
| Dividend yield forecast in 3Y | n/a |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SBI's dividend payments have been volatile in the past 10 years.
Growing Dividend: SBI's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Western Asset Intermediate Muni Fund Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SBI) | 6.5% |
| Market Bottom 25% (US) | 1.6% |
| Market Top 25% (US) | 4.9% |
| Industry Average (Capital Markets) | 2.4% |
| Analyst forecast in 3 Years (SBI) | n/a |
Notable Dividend: SBI's dividend (6.52%) is higher than the bottom 25% of dividend payers in the US market (1.59%).
High Dividend: SBI's dividend (6.52%) is in the top 25% of dividend payers in the US market (4.88%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (123.2%), SBI's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (208.8%), SBI's dividend payments are not well covered by cash flows.