Western Asset Investment Grade Defined Opportunity Trust Inc. (NYSE:IGI) Plans Monthly Dividend of $0.07

Western Asset Investment Grade Defined Opportunity Trust Inc. (NYSE:IGI) announced a monthly dividend on Thursday, November 20th. Stockholders of record on Friday, February 20th will be given a dividend of 0.071 per share on Friday, February 27th. This represents a c) dividend on an annualized basis and a dividend yield of 5.2%. The ex-dividend date is Friday, February 20th.

Western Asset Investment Grade Defined Opportunity Trust Stock Down 0.1%

Shares of NYSE IGI traded down $0.02 during mid-day trading on Thursday, hitting $16.39. 69,063 shares of the company’s stock traded hands, compared to its average volume of 14,126. Western Asset Investment Grade Defined Opportunity Trust has a 1 year low of $15.70 and a 1 year high of $17.09. The company’s 50-day moving average is $16.70 and its two-hundred day moving average is $16.55.

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.