Neuberger Berman Municipal Fund Inc. (NBH) To Go Ex-Dividend on May 30th

Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH) declared a monthly dividend on Friday, May 16th, Wall Street Journal reports. Stockholders of record on Friday, May 30th will be given a dividend of 0.0542 per share on Monday, June 16th. This represents a $0.65 dividend on an annualized basis and a dividend yield of 6.45%. The ex-dividend date of this dividend is Friday, May 30th.

Neuberger Berman Municipal Fund Stock Performance

Neuberger Berman Municipal Fund stock opened at $10.08 on Friday. The firm has a 50-day moving average of $10.16 and a 200-day moving average of $10.42. Neuberger Berman Municipal Fund has a one year low of $9.47 and a one year high of $11.41.

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.