Western Asset Diversified Income Fund Announces Monthly Dividend of $0.15 (NYSE:WDI)

Western Asset Diversified Income Fund (NYSE:WDI) announced a monthly dividend on Thursday, May 14th. Investors of record on Tuesday, June 23rd will be given a dividend of 0.1485 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 13.2%. The ex-dividend date is Tuesday, June 23rd.

Western Asset Diversified Income Fund Stock Down 0.7%

Shares of WDI stock traded down $0.09 during trading hours on Thursday, reaching $13.54. 226,697 shares of the stock were exchanged, compared to its average volume of 216,410. The business’s fifty day moving average is $13.60 and its two-hundred day moving average is $13.91. Western Asset Diversified Income Fund has a 12-month low of $12.91 and a 12-month high of $15.28.

Western Asset Diversified Income Fund (NYSE: WDI) is a closed-end management investment company sponsored and managed by Western Asset Management Company, LLC. Launched in mid-2009, the Fund seeks to provide current income with a secondary objective of capital preservation through diversified exposure to a broad range of fixed-income and income-oriented securities.

The Fund’s investment strategy emphasizes below-investment-grade debt instruments, including high-yield corporate bonds, bank loans, mortgage- and asset-backed securities, and emerging market sovereign and corporate issues.