MMU is Western Asset Managed Municipals Fund Inc. (Financial Services). Trading at $9.93. Current dividend yield: 6.48%.
Dividend snapshot
| Annual dividend rate | $0.65 |
| Current yield | 6.48% |
| Payment frequency | Monthly |
| Next ex-dividend date | Sep 23, 2026(in 20 days) |
| Most recent payment date | Aug 24, 2026 |
| Last payment amount | $0.0545 |
| 5-year dividend CAGR | 3.91% |
| 3-year dividend CAGR | 11.76% |
| Payout ratio | 69% |
| Market cap | $545M |
| Exchange | NYQ |
Recent dividend payments
| Date | Amount / share |
|---|---|
| 2026-11-20 | $0.0545 |
| 2026-10-23 | $0.0545 |
| 2026-09-23 | $0.0545 |
| 2026-08-24 | $0.0545 |
| 2026-07-24 | $0.0545 |
| 2026-06-23 | $0.0545 |
| 2026-05-21 | $0.0545 |
| 2026-04-23 | $0.0545 |
About MMU
Western Asset Managed Municipals Fd Inc is a non-diversified, closed-end management investment company. Its investment objective is to maximize current income exempt from federal income tax, consistent with the preservation of principal. The fund predominantly invests in long-term investment-grade municipal debt securities issued by state and local governments, political subdivisions, agencies, and public authorities (municipal obligations).
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Frequently asked
What is MMU's dividend yield?
MMU (Western Asset Managed Municipals Fund Inc.) currently has a dividend yield of 6.48%, which works out to about $0.65 in annual dividend payments per share.
When is MMU's next ex-dividend date?
MMU's next ex-dividend date is Sep 23, 2026 (in 20 days). To receive the upcoming dividend, you must own shares before this date.
When did MMU last pay a dividend?
MMU's most recent dividend payment date was Aug 24, 2026.
How often does MMU pay dividends?
MMU pays dividends on a monthly schedule.
How fast is MMU growing its dividend?
MMU has been growing its dividend at a 11.76% 3-year compound annual growth rate (CAGR). CAGR smooths year-to-year noise into a single average growth rate.
Track MMU in DiviDrip
Add MMU to your portfolio on DiviDrip to track every buy, DRIP reinvestment, and dividend payment in one place. Free, no credit card, no upsell — built by dividend investors, for dividend investors.
- Open DiviDrip — search MMU and add your shares.
- View the MMU Dividend Triangle — see Revenue × EPS × Dividend growth at a glance.
- Stock Screener — find more dividend payers like MMU.
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Data refreshed 2026-09-03. Not investment advice. Yields and prices change continuously; always verify the latest numbers in the live app before buying.