Neuberger Berman Municipal Fund Inc. to Issue Monthly Dividend of $0.04 (NYSEAMERICAN:NBH)

Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH) announced a monthly dividend on Monday, June 17th, NASDAQ reports. Stockholders of record on Friday, June 28th will be paid a dividend of 0.0377 per share on Monday, July 15th. This represents a $0.45 annualized dividend and a dividend yield of 4.27%. The ex-dividend date is Friday, June 28th.

Neuberger Berman Municipal Fund Stock Performance

Shares of NYSEAMERICAN NBH opened at $10.60 on Thursday. Neuberger Berman Municipal Fund has a 1-year low of $8.75 and a 1-year high of $10.65.

About Neuberger Berman Municipal Fund

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.