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 Wednesday, November 20th,Wall Street Journal reports. Stockholders of record on Friday, January 24th will be paid 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 payment by an average of 1.5% per year over the last three years.

Western Asset Investment Grade Defined Opportunity Trust Price Performance

NYSE:IGI remained flat at $16.67 during trading hours on Wednesday. The company had a trading volume of 18,684 shares, compared to its average volume of 24,476. Western Asset Investment Grade Defined Opportunity Trust has a fifty-two week low of $16.13 and a fifty-two week high of $18.30. The stock has a fifty day simple moving average of $17.30 and a two-hundred day simple moving average of $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.