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Western Asset Investment Gradeome Fund (Western Asset Investment Gradeome Fund) 5-Year Dividend Growth Rate : -4.70% (As of Dec. 2023)


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What is Western Asset Investment Gradeome Fund 5-Year Dividend Growth Rate?

Western Asset Investment Gradeome Fund's Dividends per Share for the six months ended in Dec. 2023 was $0.29.

During the past 12 months, Western Asset Investment Gradeome Fund's average Dividends Per Share Growth Rate was 1.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -2.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -4.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Western Asset Investment Gradeome Fund was -2.00% per year. The lowest was -6.80% per year. And the median was -5.60% per year.

Western Asset Investment Gradeome Fund's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.39. As of today, Western Asset Investment Gradeome Fund's Dividend Yield % is 4.69%.

Good Sign:

Western Asset Investment Grade Income Fund Inc stock dividend yield is close to 3-year high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Western Asset Investment Gradeome Fund's 5-Year Dividend Growth Rate

For the Asset Management subindustry, Western Asset Investment Gradeome Fund's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Western Asset Investment Gradeome Fund's 5-Year Dividend Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Western Asset Investment Gradeome Fund's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Western Asset Investment Gradeome Fund's 5-Year Dividend Growth Rate falls into.



Western Asset Investment Gradeome Fund 5-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Western Asset Investment Gradeome Fund  (NYSE:PAI) 5-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Western Asset Investment Gradeome Fund's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.285/ 0.738
=0.39

During the past 7 years, the highest Dividend Payout Ratio of Western Asset Investment Gradeome Fund was 27.90. The lowest was 0.32. And the median was 0.47.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Western Asset Investment Gradeome Fund Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0490002024-04-222024-04-232024-05-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0490002024-03-202024-03-212024-04-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0485002024-02-212024-02-222024-03-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0485002024-01-232024-01-242024-02-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0485002023-12-202023-12-212023-12-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0475002023-11-212023-11-222023-12-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0475002023-10-232023-10-242023-11-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0465002023-09-212023-09-222023-10-02Cash DividendmonthlyUSD:USD 1.000000
USD 0.0465002023-08-232023-08-242023-09-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0465002023-07-212023-07-242023-08-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0465002023-06-222023-06-232023-07-03Cash DividendmonthlyUSD:USD 1.000000
USD 0.0465002023-05-222023-05-232023-06-01Cash DividendmonthlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Western Asset Investment Gradeome Fund's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.571/12.16
=4.70 %

Current Share Price is $12.16.
Western Asset Investment Gradeome Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.571.

During the past 7 years, the highest Dividend Yield of Western Asset Investment Gradeome Fund was 5.93%. The lowest was 3.55%. And the median was 4.63%.

Good Sign:

Western Asset Investment Grade Income Fund Inc stock dividend yield is close to 3-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Western Asset Investment Gradeome Fund 5-Year Dividend Growth Rate Related Terms

Thank you for viewing the detailed overview of Western Asset Investment Gradeome Fund's 5-Year Dividend Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


Western Asset Investment Gradeome Fund (Western Asset Investment Gradeome Fund) Business Description

Traded in Other Exchanges
N/A
Address
620 Eighth Avenue, 47th Floor, New York, MA, USA, 10018
Western Asset Investment Grade Income Fund Inc is a closed-end diversified investment company. The company designed primarily as a long-term investment and not as a trading vehicle. The fund seeks a high level of current income, consistent with prudent investment risk, through investment in a diversified portfolio of debt securities. Its portfolio is invested in securities which may be convertible into or exchangeable for, or carry warrants to purchase, common stock or other equity interests; and preferred stock.
Executives
Hoffmann Courtney A. other: Secretary/GC Subadviser WESTERN ASSET MANAGEMENT COMPANY, LLC, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
Andrew J. Bowden other: COO/Subadviser WESTERN ASSET MANAGEMENT COMPANY, LLC, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
Oliveira Marc De officer: Secretary / Chief LGL Officer C/O LEGG MASON & CO. LLC, ONE FIRST STAMFORD PLACE, STAMFORD CT 06902
Matthew Nicholls other: Director of Investment Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Jed A. Plafker other: Director of Investment Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Jennifer M Johnson other: Director of Investment Adviser C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY, SAN MATEO CA 94403-1906
Michael Larson director 2365 CARILLON POINT, KIRKLAND WA 98033
Ronald L Olson director EDISON INTERNATIONAL, 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Susan B Kerley director 51 MADISON AVENUE, NEW YORK NY 10010
Jane F Dasher director KORSNAT PARTNERS, 283 GREENWICH AVE 3RD FL, GREENWICH CT 06830
Christopher Berarducci officer: Treas/Principal Finan Officer LEGG MASON, 620 EIGHTH AVENUE, NEW YORK NY 10018
Ted P Becker officer: Chief Compliance Officer 399 PARK AVENUE, 4TH FLOOR, NEW YORK NY 10022
Peter J. Taylor director 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
S. Kenneth Leech other: Portfolio Manager - Adviser 385 EAST COLORADO BLVD, PASADENA CA 91101
John Kenney other: Director of Subadviser 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202

Western Asset Investment Gradeome Fund (Western Asset Investment Gradeome Fund) Headlines

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