Western Asset Investment Grade Income Fund Inc. (PAI) to Issue Monthly Dividend of $0.05 on February 27th

Western Asset Investment Grade Income Fund Inc. (NYSE:PAI) announced a monthly dividend on Thursday, November 20th. Shareholders of record on Friday, February 20th will be given a dividend of 0.0525 per share by the financial services provider on Friday, February 27th. This represents a c) annualized dividend and a yield of 4.9%. The ex-dividend date of this dividend is Friday, February 20th.

Western Asset Investment Grade Income Fund Stock Down 0.3%

Western Asset Investment Grade Income Fund stock opened at $12.77 on Wednesday. The stock has a 50 day moving average of $12.57 and a two-hundred day moving average of $12.61. Western Asset Investment Grade Income Fund has a twelve month low of $11.41 and a twelve month 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.