Western Asset Investment Grade Defined Opportunity Trust Inc. (NYSE:IGI – Get Free Report) declared a monthly dividend on Friday, May 24th, Wall Street Journal reports. Stockholders of record on Wednesday, July 24th will be paid a dividend of 0.071 per share on Thursday, August 1st. This represents a $0.85 annualized dividend and a dividend yield of 5.07%. The ex-dividend date of this dividend is Wednesday, July 24th.
Western Asset Investment Grade Defined Opportunity Trust has decreased its dividend payment by an average of 1.5% per year over the last three years and has raised its dividend every year for the last 2 years.
Western Asset Investment Grade Defined Opportunity Trust Price Performance
Shares of NYSE IGI opened at $16.79 on Friday. Western Asset Investment Grade Defined Opportunity Trust has a 12 month low of $15.13 and a 12 month high of $17.79. The business has a 50-day moving average of $16.93 and a 200-day moving average of $16.96.
Western Asset Investment Grade Defined Opportunity Trust Company Profile
Western Asset Investment Grade Defined Opportunity Trust Inc is a close-ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Western Asset Management Company, Western Asset Management Company Pte. Ltd, Western Asset Management Company Ltd., and Western Asset Management Company Limited.
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