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Western Asset Investment Grade Defined Opportunity Trust Inc Stock Dividends Overview

IGI pays dividends monthly. Last paid amount was $0.0700 at Jun 03, 2024. As of today, dividend yield (TTM) is 4.96%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
AI Analysis of IGI
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 4.96%
Frequency Monthly
1Y Growth 4.48%
Payout Ratio 0
Amount Per Share $0.0700
Next Ex-Dividend Date Jun 21, 2024
Next Payment Date Jul 01, 2024

Upcoming Dividend Payment

To receive the upcoming dividend from IGI the purchase should be done within the next 2 days.
Here's a simple guide on how to buy IGI stock.

IGI Dividend Payout History

To ensure a understanding of IGI's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
121 May 20, 2014 Aug 20, 2014 Aug 29, 2014 $0.100 0.479%
122 May 20, 2014 Jul 16, 2014 Jul 25, 2014 $0.100 0.481%
123 May 20, 2014 Jun 18, 2014 Jun 27, 2014 $0.100 0.471%
124 Feb 13, 2014 May 21, 2014 May 30, 2014 $0.100 0.484%
125 Feb 13, 2014 Apr 15, 2014 Apr 25, 2014 $0.100 0.489%
126 Feb 13, 2014 Mar 19, 2014 Mar 28, 2014 $0.100 0.496%
127 Nov 18, 2013 Feb 19, 2014 Feb 28, 2014 $0.100 0.495%
128 Nov 18, 2013 Jan 22, 2014 Jan 31, 2014 $0.100 0.505%
129 Nov 18, 2013 Dec 18, 2013 Dec 27, 2013 $0.410 2.03%
130 Aug 19, 2013 Nov 20, 2013 Nov 29, 2013 $0.100 0.510%

IGI Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from IGI dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in IGI stock here.

Comparing IGI to Sector and Country

IGI pays a solid dividend yield of 4.96%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.95%). IGI’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (10.86%), which means that there are more attractive dividend stocks to consider.

IGI Stock Competitors

Symbol Company Name Market Cap Amount Per Share Dividend Yield (TTM) Payout Ratio (TTM)
IGI
Western Asset Investment Grade Defined Opportunity Trust Inc 187.02M $0.0700 4.96% -
TWN
Taiwan Fund Inc (The) 304.05M $0.437 1.29% -

FAQ

What factors can affect the amount of IGI's dividend payments?
The amount of IGI's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in IGI sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from IGI stock be automatically reinvested?
If IGI offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy IGI stock.

How often does IGI pay dividend?
Western Asset Investment Grade Defined Opportunity Trust Inc (IGI) pays dividends monthly. The most recent payout was on Jun 03, 2024. The upcoming dividend Ex Date is Jun 21, 2024, with an amount of $0.0710.

How much does IGI pays per share?
The last recorder (May 22, 2024) dividend per share was $0.0700.

What is IGI dividend growth rate?
Over the last year, Western Asset Investment Grade Defined Opportunity Trust Inc has witnessed growth rate of 4.48% . Looking back over the past 3 years, this growth rate has been 1.47%. Furthermore, examining the past 5 years, Western Asset Investment Grade Defined Opportunity Trust Inc has maintained an average Dividends Per Share Growth Rate of -3.81%.
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About Western Asset Investment Grade Defined Opportunity Trust Inc

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. The fund invests in fixed income markets of the United States. It seeks to invest in securities of co... IGI Profile

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