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

Western Asset Investment Grade Defined Opportunity Trust Inc. (NYSE:IGI) declared a — dividend on Wednesday, November 20th,Wall Street Journal reports. Investors of record on Friday, January 24th will be paid a dividend of 0.071 per share on Monday, February 3rd. This represents a yield of 5.1%. The ex-dividend date of this dividend is Friday, January 24th.

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

Western Asset Investment Grade Defined Opportunity Trust Price Performance

Shares of NYSE:IGI opened at $16.68 on Thursday. Western Asset Investment Grade Defined Opportunity Trust has a 1-year low of $16.13 and a 1-year high of $18.30. The company’s fifty day moving average is $17.27 and its two-hundred day moving average is $17.28.

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.