Western Asset Diversified Income Fund (WDI) to Issue Monthly Dividend of $0.15 on April 30th

Western Asset Diversified Income Fund (NYSE:WDI) declared a monthly dividend on Monday, February 23rd. Shareholders of record on Thursday, April 23rd will be paid a dividend of 0.1485 per share on Thursday, April 30th. This represents a c) dividend on an annualized basis and a dividend yield of 12.7%. The ex-dividend date is Thursday, April 23rd.

Western Asset Diversified Income Fund Price Performance

WDI stock opened at $13.99 on Wednesday. The stock has a 50-day moving average price of $13.91 and a two-hundred day moving average price of $14.42. Western Asset Diversified Income Fund has a 12-month low of $12.44 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.