Western Asset Investment Grade Income Fund Inc. (PAI) to Issue Monthly Dividend of $0.05 on November 3rd

Western Asset Investment Grade Income Fund Inc. (NYSE:PAI) announced a monthly dividend on Thursday, September 11th. Shareholders of record on Friday, October 24th will be given a dividend of 0.0525 per share by the financial services provider on Monday, November 3rd. This represents a c) annualized dividend and a yield of 5.0%. The ex-dividend date is Friday, October 24th.

Western Asset Investment Grade Income Fund Stock Performance

NYSE PAI opened at $12.59 on Wednesday. The business has a fifty day moving average price of $12.74 and a two-hundred day moving average price of $12.58. Western Asset Investment Grade Income Fund has a fifty-two week low of $11.41 and a fifty-two week high of $13.66.

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.