Western Asset Investment Grade Income Fund Inc. (PAI) To Go Ex-Dividend on April 23rd

Western Asset Investment Grade Income Fund Inc. (NYSE:PAI) declared a monthly dividend on Monday, February 23rd. Stockholders of record on Thursday, April 23rd will be paid a dividend of 0.0525 per share by the financial services provider on Thursday, April 30th. This represents a c) dividend on an annualized basis and a dividend yield of 4.9%. The ex-dividend date of this dividend is Thursday, April 23rd.

Western Asset Investment Grade Income Fund Price Performance

Western Asset Investment Grade Income Fund stock opened at $12.94 on Wednesday. The company’s fifty day moving average price is $12.60 and its 200 day moving average price is $12.61. Western Asset Investment Grade Income Fund has a 1 year low of $11.41 and a 1 year high of $13.66.

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.