Western Asset Investment Grade Income Fund Inc. (PAI) To Go Ex-Dividend on December 23rd

Western Asset Investment Grade Income Fund Inc. (NYSE:PAI) announced a monthly dividend on Monday, November 25th,NASDAQ Dividends reports. Shareholders of record on Monday, December 23rd will be paid a dividend of 0.0515 per share by the financial services provider on Tuesday, December 31st. This represents a $0.62 annualized dividend and a yield of 5.01%. The ex-dividend date is Monday, December 23rd.

Western Asset Investment Grade Income Fund has decreased its dividend payment by an average of 2.5% annually over the last three years.

Western Asset Investment Grade Income Fund Trading Down 1.0 %

NYSE PAI opened at $12.33 on Friday. Western Asset Investment Grade Income Fund has a 12 month low of $11.65 and a 12 month high of $13.18. The company’s 50 day simple moving average is $12.64 and its 200 day simple moving average is $12.48.

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.