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

Western Asset Investment Grade Defined Opportunity Trust Inc. (NYSE:IGI) declared a monthly dividend on Tuesday, November 19th,NASDAQ Dividends reports. Stockholders of record on Monday, December 23rd will be given a dividend of 0.071 per share on Tuesday, December 31st. This represents a $0.85 dividend on an annualized basis and a dividend yield of 5.12%. The ex-dividend date is Monday, December 23rd.

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 Trading Up 0.3 %

IGI stock traded up $0.05 during trading on Friday, hitting $16.64. The stock had a trading volume of 6,228 shares, compared to its average volume of 24,546. The company’s 50 day moving average price is $16.82 and its two-hundred day moving average price is $17.26. Western Asset Investment Grade Defined Opportunity Trust has a 1-year low of $16.39 and a 1-year high of $18.30.

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.