Western Asset Investment Grade Income Fund cuts dividend by 2.5% annually, pays $0.0515 monthly.

Western Asset Investment Grade Income Fund Inc. (PAI) declared a monthly dividend of $0.0515 per share, payable on December 31st to holders of record on December 23rd. This amounts to an annual dividend of $0.62, with a yield of 4.98%. The fund has reduced its dividend by 2.5% annually over the past three years. PAI's stock price is $12.40, with a 52-week range of $11.42 to $13.18. The fund invests in investment-grade debt, such as government securities and bank debt.

November 26, 2024
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