Western Asset Investment Grade Income Fund Inc. (PAI) To Go Ex-Dividend on August 24th

Western Asset Investment Grade Income Fund Inc. (NYSE:PAI) declared a monthly dividend on Thursday, May 21st. Shareholders of record on Monday, August 24th will be given a dividend of 0.0525 per share by the financial services provider on Monday, August 31st. This represents a c) dividend on an annualized basis and a yield of 5.2%. The ex-dividend date of this dividend is Monday, August 24th.

Western Asset Investment Grade Income Fund Stock Performance

NYSE PAI opened at $12.04 on Friday. Western Asset Investment Grade Income Fund has a one year low of $11.72 and a one year high of $13.66. The firm’s fifty day moving average is $12.16 and its two-hundred day moving average is $12.40.

Western Asset Investment Grade Income Fund Company Profile

Western Asset Investment Grade Income Fund (NYSE: PAI) is a diversified, closed-end management investment company that seeks to provide high current income with a secondary objective of capital preservation. Established in 2005, the fund invests primarily in investment-grade debt securities issued by governments, government agencies, corporate issuers and securitized products. It employs both traditional fixed-income strategies and opportunistic positions to enhance its income profile.

The fund’s portfolio is broadly diversified across sectors and credit profiles, focusing on bonds rated investment-grade by major credit rating agencies.