Western Asset Investment Grade Defined Opportunity Trust Inc. Declares Monthly Dividend of $0.07 (NYSE:IGI)

Western Asset Investment Grade Defined Opportunity Trust Inc. (NYSE:IGI) announced a monthly dividend on Friday, August 9th,Wall Street Journal reports. Shareholders of record on Thursday, November 21st will be given a dividend of 0.071 per share on Monday, December 2nd. This represents a $0.85 dividend on an annualized basis and a yield of 5.11%. The ex-dividend date of this dividend is Thursday, November 21st.

Western Asset Investment Grade Defined Opportunity Trust has decreased its dividend by an average of 1.5% annually over the last three years.

Western Asset Investment Grade Defined Opportunity Trust Stock Performance

NYSE IGI opened at $16.67 on Wednesday. Western Asset Investment Grade Defined Opportunity Trust has a 12 month low of $16.08 and a 12 month high of $18.30. The company’s 50 day moving average is $17.30 and its two-hundred day moving average is $17.28.

Western Asset Investment Grade Defined Opportunity Trust Company Profile

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.