Western Asset Investment Grade Income Fund Dividends and Buybacks
Dividend criteria checks 2/6
Western Asset Investment Grade Income Fund is a dividend paying company with a current yield of 5.09%. Next payment date is on 2nd June, 2025 with an ex-dividend date of 22nd May, 2025.
Key information
5.1%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -2.4% |
| Next dividend pay date | 02 Jun 25 |
| Ex dividend date | 22 May 25 |
| Dividend per share | n/a |
| Payout ratio | 151% |
Recent dividend and buyback updates
Recent updates
PAI: Robust Corporate Bond CEF, But Spreads Are Too Low
Jan 30PAI: Discount Narrows But Continuing To Hold
Nov 01PAI: Fed Turns Dovish, What's Next For This Bond Fund?
Sep 19PAI: Conservative Way To Play Future Rate Cuts
Jul 02PAI: Bonds And The Fed May Still Be Too Optimistic
Mar 22PAI: Investment-Grade Focused Fund Sees Another Distribution Bump
Dec 15PAI: Yield Is Too Low, Just Buy Treasuries
Oct 02WDI And PAI: Attractively Discounted And Delivering Investors Income
Jul 17Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PAI's dividend payments have been volatile in the past 10 years.
Growing Dividend: PAI's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Western Asset Investment Grade Income Fund Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PAI) | 5.1% |
| Market Bottom 25% (US) | 1.6% |
| Market Top 25% (US) | 4.8% |
| Industry Average (Capital Markets) | 2.1% |
| Analyst forecast (PAI) (up to 3 years) | n/a |
Notable Dividend: PAI's dividend (5.09%) is higher than the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: PAI's dividend (5.09%) is in the top 25% of dividend payers in the US market (4.69%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (151.2%), PAI's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate PAI's cash payout ratio to determine if its dividend payments are covered by cash flows.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/21 04:51 |
| End of Day Share Price | 2025/05/21 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Western Asset Investment Grade Income Fund Inc. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kristoph Rollenhagen | Oppenheimer & Co. Inc. |