Western Asset Investment Grade Income Fund Inc. (PAI) To Go Ex-Dividend on July 24th

Western Asset Investment Grade Income Fund Inc. (NYSE:PAI) announced a monthly dividend on Thursday, May 21st. Shareholders of record on Friday, July 24th will be given a dividend of 0.0525 per share by the financial services provider on Friday, July 31st. This represents a c) dividend on an annualized basis and a yield of 5.2%. The ex-dividend date of this dividend is Friday, July 24th.

Western Asset Investment Grade Income Fund Trading Up 0.5%

PAI stock opened at $12.04 on Friday. Western Asset Investment Grade Income Fund has a 12 month low of $11.72 and a 12 month high of $13.66. The firm has a 50-day moving average of $12.16 and a two-hundred day moving average of $12.40.

Western Asset Investment Grade Income Fund Company Profile

Western Asset Investment Grade Income Fund (NYSE: PAI) is a diversified, closed-end management investment company that seeks to provide high current income with a secondary objective of capital preservation. Established in 2005, the fund invests primarily in investment-grade debt securities issued by governments, government agencies, corporate issuers and securitized products. It employs both traditional fixed-income strategies and opportunistic positions to enhance its income profile.

The fund’s portfolio is broadly diversified across sectors and credit profiles, focusing on bonds rated investment-grade by major credit rating agencies.