Western Asset Investment Grade Income Fund Inc. (PAI) to Issue Monthly Dividend of $0.05 on January 30th

Western Asset Investment Grade Income Fund Inc. (NYSE:PAI) announced a monthly dividend on Thursday, November 20th. Shareholders of record on Wednesday, December 31st will be paid a dividend of 0.0525 per share by the financial services provider on Friday, January 30th. This represents a c) dividend on an annualized basis and a yield of 5.1%. The ex-dividend date is Wednesday, December 31st.

Western Asset Investment Grade Income Fund Trading Up 0.3%

Western Asset Investment Grade Income Fund stock opened at $12.32 on Friday. The stock has a fifty day moving average price of $12.66 and a two-hundred day moving average price of $12.64. 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.