Western Asset Diversified Income Fund (WDI) To Go Ex-Dividend on April 22nd

Western Asset Diversified Income Fund (NYSE:WDI) declared a monthly dividend on Wednesday, February 21st, Wall Street Journal reports. Investors of record on Tuesday, April 23rd will be paid a dividend of 0.1435 per share on Wednesday, May 1st. This represents a $1.72 annualized dividend and a yield of 12.11%. The ex-dividend date of this dividend is Monday, April 22nd. This is a positive change from Western Asset Diversified Income Fund’s previous monthly dividend of $0.14.

Western Asset Diversified Income Fund Price Performance

Shares of NYSE:WDI opened at $14.22 on Friday. Western Asset Diversified Income Fund has a 12 month low of $12.16 and a 12 month high of $14.69. The company’s 50 day moving average price is $14.39.

Insiders Place Their Bets

In related news, Director Nisha Kumar purchased 6,225 shares of the business’s stock in a transaction on Monday, April 8th. The stock was acquired at an average price of $14.46 per share, with a total value of $90,013.50. Following the purchase, the director now directly owns 13,725 shares in the company, valued at $198,463.50. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Hedge Funds Weigh In On Western Asset Diversified Income Fund

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Pathstone Holdings LLC purchased a new position in Western Asset Diversified Income Fund in the 4th quarter worth approximately $9,006,000. Royal Bank of Canada lifted its holdings in shares of Western Asset Diversified Income Fund by 3.1% in the 4th quarter. Royal Bank of Canada now owns 158,301 shares of the company’s stock worth $2,232,000 after acquiring an additional 4,710 shares during the last quarter. UBS Group AG lifted its holdings in shares of Western Asset Diversified Income Fund by 332.3% in the 4th quarter. UBS Group AG now owns 113,390 shares of the company’s stock worth $1,599,000 after acquiring an additional 87,163 shares during the last quarter. Comerica Bank bought a new stake in shares of Western Asset Diversified Income Fund in the 3rd quarter worth approximately $339,000. Finally, First Trust Advisors LP bought a new stake in shares of Western Asset Diversified Income Fund in the 4th quarter worth approximately $273,000.