Western Asset Investment Grade Income Fund Inc. (NYSE:PAI) Declares $0.05 Monthly Dividend

Western Asset Investment Grade Income Fund Inc. (NYSE:PAI) declared a monthly dividend on Thursday, November 20th. Investors of record on Wednesday, December 10th will be paid a dividend of 0.0525 per share by the financial services provider on Friday, December 19th. This represents a c) dividend on an annualized basis and a dividend yield of 5.1%. The ex-dividend date of this dividend is Wednesday, December 10th.

Western Asset Investment Grade Income Fund Price Performance

Western Asset Investment Grade Income Fund stock traded down $0.12 during mid-day trading on Thursday, reaching $12.29. 46,635 shares of the company’s stock were exchanged, compared to its average volume of 18,465. Western Asset Investment Grade Income Fund has a twelve month low of $11.41 and a twelve month high of $13.66. The company has a fifty day moving average of $12.67 and a 200-day moving average of $12.64.

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.