Neuberger Berman NY Intrmdt Mncpl Fd Inc (NYSE:NBO) declared a monthly dividend on Monday, September 18th, Wall Street Journal reports. Shareholders of record on Friday, September 29th will be given a dividend of 0.0437 per share on Monday, October 16th. This represents a $0.52 annualized dividend and a yield of 4.12%. The ex-dividend date is Thursday, September 28th.

Neuberger Berman NY Intrmdt Mncpl Fd has decreased its dividend payment by an average of 7.8% annually over the last three years.

Neuberger Berman NY Intrmdt Mncpl Fd (NYSE NBO) opened at 12.74 on Friday. Neuberger Berman NY Intrmdt Mncpl Fd has a one year low of $12.13 and a one year high of $14.49. The stock has a 50 day moving average of $12.85 and a 200 day moving average of $12.70.

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About Neuberger Berman NY Intrmdt Mncpl Fd

Neuberger Berman New York Intermediate Municipal Fund Inc is a non-diversified, closed-end management investment company that invests primarily in municipal securities. The Fund’s investment objective is to provide a high level of current income exempt from regular federal income tax and a high level of current income exempt from the New York and New York City personal income tax.

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