Western Asset sets USD 0.04 dividend for SBI stock

Published on 10/16/2026 at 02:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SBI stock is set for a USD 0.04 dividend on October 23, 2026. Payment is due October 30, 2026, and the fund trades on the NYSE.

Dividend calendar and fund profile

A USD 0.04 distribution was announced on September 23, 2026.
The ex-dividend date is October 23, 2026, with payment scheduled for October 30, 2026.
Western Asset Intermediate Muni Fund had a USD 101.7 million market capitalization on October 15, 2026.
The 52-week range was USD 6.86 to USD 8.01 as of October 15, 2026.

SBI, US9584351095, Illustration mit AI erstellt.

Western Asset Intermediate Muni Fund Inc. announced a USD 0.04 per-share dividend for SBI stock, with an ex-dividend date of October 23, 2026 and payment scheduled for October 30, 2026. GuruFocus reported the distribution on September 23, 2026.

Dividend dates set the near-term focus

The USD 0.04 payment is the central event for income-oriented holders because the October 23 ex-dividend date determines eligibility for this distribution. The cash payment is scheduled for October 30, 2026, creating a seven-day interval between the ex-date and the payment date.

The distribution is part of the fund's income profile. GuruFocus describes Western Asset Intermediate Municipal Fund as a diversified, closed-end management investment company seeking current income exempt from federal income taxes.

What does the dividend calendar show?

The calendar gives investors two distinct reference points: October 23, 2026 for the ex-dividend date and October 30, 2026 for the cash payment. That timing separates the market date from the settlement of the distribution and makes the fund's income structure easier to track.

Fund profile and valuation

The fund is managed by Western Asset Management Company, which is part of Franklin Resources, and its shares trade on the New York Stock Exchange under ticker SBI, according to GuruFocus. A regulatory filing dated October 5, 2026 identifies Western Asset Intermediate Muni Fund Inc. as the filer. The SEC filing provides the latest regulatory reference for the fund.

Market value and trading context

On October 15, 2026, SBI last traded at USD 7.22 at 4:00 p.m. ET on the NYSE. Its market capitalization was USD 101.7 million, while the 52-week range stood at USD 6.86 to USD 8.01. These figures place the latest quoted value within the fund's established annual trading range.

Dividend timing remains the key date

The next two dated events are the October 23, 2026 ex-dividend date and the October 30, 2026 payment date. For the fund, those dates provide the clearest near-term framework for assessing the announced USD 0.04 distribution.