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

Western Asset Investment Grade Defined Opportunity Trust Inc. (NYSE:IGI) declared a — dividend on Thursday, November 21st,Wall Street Journal reports. Shareholders of record on Friday, January 24th will be given a dividend of 0.071 per share on Monday, February 3rd. This represents a dividend yield of 5.1%. The ex-dividend date is Friday, January 24th.

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 Up 0.0 %

Shares of Western Asset Investment Grade Defined Opportunity Trust stock opened at $16.64 on Friday. Western Asset Investment Grade Defined Opportunity Trust has a 1 year low of $16.16 and a 1 year high of $18.30. The business has a fifty day simple moving average of $17.24 and a two-hundred day simple moving average of $17.27.

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.