Western Asset Investment Grade Defined Opportunity Trust Inc. (IGI) To Go Ex-Dividend on March 24th

Western Asset Investment Grade Defined Opportunity Trust Inc. (NYSE:IGI) declared a dividend on Monday, March 24th, investing.com reports. Investors of record on Tuesday, March 25th will be paid a dividend of 0.071 per share on Tuesday, April 1st. This represents a yield of 5.14%. The ex-dividend date is Monday, March 24th. This is a 3.6% increase from Western Asset Investment Grade Defined Opportunity Trust’s previous dividend of $0.07.

Western Asset Investment Grade Defined Opportunity Trust has raised its dividend by an average of 1.9% per year over the last three years.

Western Asset Investment Grade Defined Opportunity Trust Trading Up 0.2 %

Shares of IGI stock opened at $16.57 on Wednesday. Western Asset Investment Grade Defined Opportunity Trust has a 1-year low of $16.09 and a 1-year high of $18.30. The firm’s 50-day simple moving average is $16.60 and its 200-day simple moving average is $16.86.

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.