Western Asset Investment Grade Defined Opportunity Trust Inc. to Issue Monthly Dividend of $0.07 (NYSE:IGI)

Western Asset Investment Grade Defined Opportunity Trust Inc. (NYSE:IGI) announced a monthly dividend on Thursday, November 20th. Stockholders of record on Friday, January 23rd will be paid a dividend of 0.071 per share on Friday, January 30th. This represents a c) annualized dividend and a dividend yield of 5.2%. The ex-dividend date of this dividend is Friday, January 23rd.

Western Asset Investment Grade Defined Opportunity Trust Stock Performance

Shares of NYSE IGI traded down $0.02 during midday trading on Thursday, reaching $16.39. 69,063 shares of the company were exchanged, compared to its average volume of 14,126. Western Asset Investment Grade Defined Opportunity Trust has a 1 year low of $15.70 and a 1 year high of $17.09. The stock has a fifty day simple moving average of $16.70 and a 200 day simple moving average of $16.55.

Western Asset Investment Grade Defined Opportunity Trust Company Profile

Western Asset Investment Grade Defined Opportunity Trust Inc is a close-ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Western Asset Management Company, Western Asset Management Company Pte. Ltd, Western Asset Management Company Ltd., and Western Asset Management Company Limited.