Media coverage about Western Asset Municipal Partners Fnd (NYSE:MNP) has trended very positive recently, Accern reports. Accern identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Western Asset Municipal Partners Fnd earned a media sentiment score of 0.69 on Accern’s scale. Accern also gave news articles about the financial services provider an impact score of 47.735399032603 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Western Asset Municipal Partners Fnd (NYSE MNP) opened at $14.39 on Thursday. Western Asset Municipal Partners Fnd has a 52-week low of $14.09 and a 52-week high of $16.26.
The firm also recently announced a monthly dividend, which will be paid on Friday, June 1st. Shareholders of record on Friday, May 25th will be given a dividend of $0.0625 per share. The ex-dividend date is Thursday, May 24th. This represents a $0.75 dividend on an annualized basis and a dividend yield of 5.21%.
Western Asset Municipal Partners Fund Inc is a diversified, closed-end management investment company. The Fund’s primary investment objective is to seek a high level of current income, which is exempt from regular federal income taxes, consistent with the preservation of capital. As a secondary investment objective, the Fund intends to enhance portfolio value by purchasing tax-exempt securities that, in the opinion of the investment manager, may appreciate in value relative to other similar obligations in the marketplace.
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