Western Asset Inv Grade Income Fund Inc Declares Monthly Dividend of $0.06 (NYSE:PAI)

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Western Asset Inv Grade Income Fund Inc (NYSE:PAI) announced a monthly dividend on Monday, June 10th, Wall Street Journal reports. Investors of record on Friday, August 23rd will be paid a dividend of 0.0575 per share by the financial services provider on Tuesday, September 3rd. This represents a $0.69 dividend on an annualized basis and a dividend yield of 4.55%. The ex-dividend date of this dividend is Thursday, August 22nd.

Shares of NYSE PAI opened at $15.16 on Wednesday. Western Asset Inv Grade Income Fund has a fifty-two week low of $12.90 and a fifty-two week high of $16.00. The firm’s 50-day simple moving average is $15.23 and its 200 day simple moving average is $14.78.

Western Asset Inv 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.

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Dividend History for Western Asset Inv Grade Income Fund (NYSE:PAI)

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