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

Western Asset Investment Grade Income Fund Inc. (NYSE:PAI) announced a monthly dividend on Thursday, September 12th, NASDAQ reports. Shareholders of record on Monday, September 23rd will be paid a dividend of 0.0515 per share by the financial services provider on Tuesday, October 1st. This represents a $0.62 dividend on an annualized basis and a yield of 4.84%. The ex-dividend date of this dividend is Monday, September 23rd.

Western Asset Investment Grade Income Fund has decreased its dividend by an average of 2.5% per year over the last three years.

Western Asset Investment Grade Income Fund Price Performance

NYSE PAI opened at $12.76 on Friday. The business’s 50 day moving average price is $12.42 and its 200-day moving average price is $12.14. Western Asset Investment Grade Income Fund has a fifty-two week low of $10.59 and a fifty-two week high of $12.94.

About Western Asset Investment Grade Income Fund

Western Asset Income Fund is a closed-ended fixed income mutual fund launched and managed by Western Asset Management Company. It is co-managed by Western Asset Management Company Limited. The fund invests in the fixed income markets of the United States. It primarily invests in investment grade debt, including government securities, bank debt, commercial paper, and cash or cash equivalents.