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) announced a monthly dividend on Tuesday, August 6th, NASDAQ reports. Shareholders of record on Monday, September 23rd will be paid a dividend of 0.071 per share on Tuesday, October 1st. This represents a $0.85 dividend on an annualized basis and a dividend yield of 4.71%. The ex-dividend date is Monday, September 23rd.

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

Western Asset Investment Grade Defined Opportunity Trust Price Performance

NYSE IGI opened at $18.08 on Friday. Western Asset Investment Grade Defined Opportunity Trust has a twelve month low of $15.13 and a twelve month high of $18.30. The business’s fifty day moving average is $17.65 and its 200 day moving average 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.