Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH) Announces Monthly Dividend of $0.05

Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH) announced a monthly dividend on Monday, November 17th. Stockholders of record on Friday, November 28th will be paid a dividend of 0.0542 per share on Monday, December 15th. This represents a c) annualized dividend and a dividend yield of 6.3%. The ex-dividend date is Friday, November 28th.

Neuberger Berman Municipal Fund Stock Performance

NYSEAMERICAN:NBH opened at $10.28 on Tuesday. Neuberger Berman Municipal Fund has a fifty-two week low of $9.47 and a fifty-two week high of $10.94. The stock’s fifty day moving average is $10.34 and its 200 day moving average is $10.05.

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.