Federated Premier Intermediate Municipal (NYSE:FPT) announced a monthly dividend on Friday, November 10th, Wall Street Journal reports. Shareholders of record on Friday, November 17th will be paid a dividend of 0.0843 per share on Monday, November 20th. This represents a $1.01 annualized dividend and a yield of 7.54%. The ex-dividend date of this dividend is Thursday, November 16th. This is an increase from Federated Premier Intermediate Municipal’s previous monthly dividend of $0.05.

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

Federated Premier Intermediate Municipal (NYSE FPT) traded up $0.01 during midday trading on Wednesday, hitting $13.41. The stock had a trading volume of 11,200 shares, compared to its average volume of 15,705. Federated Premier Intermediate Municipal has a fifty-two week low of $12.55 and a fifty-two week high of $13.92.

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Federated Premier Intermediate Municipal Company Profile

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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