Western Asset Managed Municipals Fund Inc.

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Western Asset Managed Municipals Fund Inc. (MMU) pays a monthly dividend yielding 6.41% ($0.65/yr), with 2 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Key Data

Dividend Yield

6.41%

Payout Ratio

1635%

Annual Dividend

$0.65

5-Yr Avg Growth

4.1%

Ex-Dividend Date

Jun 23, 2026

Years of Growth

2

Frequency

monthly

Beta

0.52

Market Cap

$557.1M

P/E Ratio

255.0

5-Yr Total Return

-25%

52-Week Range

$9.75 – $10.71

Dividend Safety

C · 54/100

Ever Cut?

Yes (2023)

Frequently Asked Questions