Western Asset Investment Grade Defined Opportunity Trust Inc. (NYSE:IGI – Get Free Report) announced a monthly dividend on Tuesday, August 6th, NASDAQ reports. Stockholders of record on Monday, September 23rd will be given a dividend of 0.071 per share on Tuesday, October 1st. This represents a $0.85 annualized dividend and a dividend yield of 4.71%. The ex-dividend date of this dividend is Monday, September 23rd.
Western Asset Investment Grade Defined Opportunity Trust has decreased its dividend payment by an average of 1.5% per year over the last three years.
Western Asset Investment Grade Defined Opportunity Trust Stock Down 0.2 %
IGI stock opened at $18.08 on Friday. Western Asset Investment Grade Defined Opportunity Trust has a one year low of $15.13 and a one year high of $18.30. The firm’s 50 day moving average price is $17.65 and its 200-day moving average price is $17.23.
About Western Asset Investment Grade Defined Opportunity Trust
Western Asset Investment Grade Defined Opportunity Trust Inc is a close-ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Western Asset Management Company, Western Asset Management Company Pte. Ltd, Western Asset Management Company Ltd., and Western Asset Management Company Limited.
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