Neuberger Berman Municipal Fund Inc. (NBH) to Issue Monthly Dividend of $0.05 on May 15th

Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH) declared a monthly dividend on Wednesday, April 16th, Wall Street Journal reports. Investors of record on Wednesday, April 30th will be given a dividend of 0.0542 per share on Thursday, May 15th. This represents a $0.65 annualized dividend and a yield of 6.60%. The ex-dividend date is Wednesday, April 30th.

Neuberger Berman Municipal Fund Price Performance

Shares of NYSEAMERICAN:NBH opened at $9.85 on Friday. Neuberger Berman Municipal Fund has a 1 year low of $9.47 and a 1 year high of $11.41. The business’s 50-day moving average is $10.41 and its 200-day moving average is $10.48.

Neuberger Berman Municipal Fund Company Profile

Neuberger Berman Intermediate Municipal Fund Inc is a closed-ended fixed income mutual fund launched and managed by Neuberger Berman LLC. The fund is co-managed by Neuberger Berman Management LLC. It invests in the fixed income markets of the United States. The fund primarily invests in municipal bonds which have income that is exempt from federal income tax and have remaining maturities of less than 15 years.