Federated Premier Intermediate Municipal to Issue Monthly Dividend of $0.05 (FPT)

Federated Premier Intermediate Municipal (NYSE:FPT) declared a monthly dividend on Tuesday, September 12th, Wall Street Journal reports. Stockholders of record on Friday, September 22nd will be paid a dividend of 0.045 per share on Monday, October 2nd. This represents a $0.54 dividend on an annualized basis and a dividend yield of 3.94%. The ex-dividend date is Thursday, September 21st.

Federated Premier Intermediate Municipal has decreased its dividend by an average of 3.3% annually over the last three years.

Shares of Federated Premier Intermediate Municipal (NYSE FPT) traded up 0.080% on Tuesday, reaching $13.711. 10,468 shares of the company’s stock traded hands. Federated Premier Intermediate Municipal has a 52 week low of $12.55 and a 52 week high of $14.17. The company has a 50 day moving average price of $13.73 and a 200 day moving average price of $13.43.

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About Federated Premier Intermediate Municipal

Federated Premier Intermediate Municipal Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is to provide current income exempt from federal income tax, including the federal alternative minimum tax (AMT). The Fund invests in various sectors, such as pre-refunded, dedicated tax, hospital, education, toll road, senior care, water and sewer, public power, airport, industrial development bond/pollution control revenue and public power.

Dividend History for Federated Premier Intermediate Municipal (NYSE:FPT)

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