Western Asset Investment Grade Income Fund Inc. to Issue Monthly Dividend of $0.05 (NYSE:PAI)

Key Points

• Western Asset Investment Grade Income Fund Inc. announced a monthly dividend of $0.0525 per share, which will be paid on December 1st to investors of record on November 20th.
• The fund has an annualized yield of 4.9%, demonstrating a steady return for investors.
• As of the latest trading session, the stock opened at $12.77, with a 52-week trading range between $11.41 and $13.66.

Western Asset Investment Grade Income Fund Inc. (NYSE:PAI - Get Free Report) declared a monthly dividend on Thursday, September 11th. Investors of record on Thursday, November 20th will be given a dividend of 0.0525 per share by the financial services provider on Monday, December 1st. This represents a c) dividend on an annualized basis and a yield of 4.9%. The ex-dividend date is Thursday, November 20th.

Western Asset Investment Grade Income Fund Stock Performance

NYSE:PAI opened at $12.77 on Friday. The stock's 50 day moving average price is $12.76 and its 200 day moving average price is $12.55. Western Asset Investment Grade Income Fund has a 52-week low of $11.41 and a 52-week high of $13.66.

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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