Western Asset Investment Grade Income Fund Inc. (NYSE:PAI – Get Free Report) declared a monthly dividend on Thursday, September 12th, NASDAQ reports. Investors of record on Monday, September 23rd will be given a dividend of 0.0515 per share by the financial services provider on Tuesday, October 1st. This represents a $0.62 annualized dividend and a yield of 4.79%. The ex-dividend date of this dividend is Monday, September 23rd.
Western Asset Investment Grade Income Fund has decreased its dividend payment by an average of 2.5% annually over the last three years.
Western Asset Investment Grade Income Fund Price Performance
Shares of NYSE PAI opened at $12.89 on Friday. Western Asset Investment Grade Income Fund has a twelve month low of $10.59 and a twelve month high of $12.97. The company’s fifty day moving average is $12.49 and its 200-day moving average is $12.17.
Western Asset Investment Grade Income Fund Company Profile
Western Asset Income Fund is a closed-ended fixed income mutual fund launched and managed by Western Asset Management Company. It is co-managed by Western Asset Management Company Limited. The fund invests in the fixed income markets of the United States. It primarily invests in investment grade debt, including government securities, bank debt, commercial paper, and cash or cash equivalents.
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