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

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) announced a monthly dividend on Thursday, September 11th. Stockholders of record on Thursday, November 20th will be paid a dividend of 0.0525 per share by the financial services provider on Monday, December 1st. This represents a c) annualized dividend and a dividend yield of 4.9%. The ex-dividend date of this dividend is Thursday, November 20th.

Western Asset Investment Grade Income Fund Stock Down 0.0%

Shares of NYSE PAI traded down $0.00 during mid-day trading on Wednesday, hitting $12.93. 4,305 shares of the company's stock traded hands, compared to its average volume of 15,679. The company's 50-day moving average is $12.75 and its two-hundred day moving average is $12.56. Western Asset Investment Grade Income Fund has a 1 year low of $11.41 and a 1 year high of $13.66.

About Western Asset Investment Grade Income Fund

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.