Western Asset Investment Grade Income Fund Inc. (NYSE:PAI – Get Free Report) announced a monthly dividend on Friday, September 11th. Investors of record on Friday, October 23rd will be paid a dividend of $0.0525 per share by the financial services provider on Friday, October 30th. This represents a $0.63 annualized dividend and a dividend yield of 5.5%. The ex-dividend date is Friday, October 23rd.
Western Asset Investment Grade Income Fund Stock Up 0.4%
Western Asset Investment Grade Income Fund stock opened at $11.42 on Wednesday. Western Asset Investment Grade Income Fund has a 52-week low of $11.24 and a 52-week high of $12.95. The company has a fifty day simple moving average of $11.66 and a 200-day simple moving average of $11.95.
About Western Asset Investment Grade Income Fund
Western Asset Investment Grade Income Fund, Inc (NYSE: PAI) is a closed-end investment company that seeks to provide current income while maintaining a portfolio focused primarily on investment-grade fixed-income securities. The fund is managed by Western Asset Management Company, a global fixed-income investment manager.
The fund invests across segments of the bond market, including corporate bonds, U.S. government and agency securities, mortgage-backed securities, asset-backed securities, and other investment-grade debt instruments.
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