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IGI (Western Asset Invstm Grd Dfnd Opp Tr) Forward Dividend Yield % : 5.09% (As of Dec. 13, 2024)


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What is Western Asset Invstm Grd Dfnd Opp Tr Forward Dividend Yield %?

As of today (2024-12-13), the Forward Annual Dividend Yield of Western Asset Invstm Grd Dfnd Opp Tr is 5.09%.

As of today (2024-12-13), the Trailing Annual Dividend Yield of Western Asset Invstm Grd Dfnd Opp Tr is 5.04%.

IGI's Forward Dividend Yield % is ranked worse than
60.39% of 1179 companies
in the Asset Management industry
Industry Median: 6.19 vs IGI: 5.09

Western Asset Invstm Grd Dfnd Opp Tr's Dividends per Share for the six months ended in May. 2024 was $0.42.

During the past 12 months, Western Asset Invstm Grd Dfnd Opp Tr's average Dividends Per Share Growth Rate was 3.30% 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 -5.50% per year.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Western Asset Invstm Grd Dfnd Opp Tr was -2.00% per year. The lowest was -7.90% per year. And the median was -7.50% per year.

The growth rate is calculated with least square regression.

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


Competitive Comparison of Western Asset Invstm Grd Dfnd Opp Tr's Forward Dividend Yield %

For the Asset Management subindustry, Western Asset Invstm Grd Dfnd Opp Tr's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % 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 Invstm Grd Dfnd Opp Tr's Forward Dividend Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Western Asset Invstm Grd Dfnd Opp Tr's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Western Asset Invstm Grd Dfnd Opp Tr's Forward Dividend Yield % falls into.



Western Asset Invstm Grd Dfnd Opp Tr Forward Dividend Yield % Calculation

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

Western Asset Invstm Grd Dfnd Opp Tr Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0710002024-11-212024-11-212024-12-02Cash DividendmonthlyUSD:USD 1.000000
USD 0.0710002024-10-242024-10-242024-11-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0710002024-09-232024-09-232024-10-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0710002024-08-232024-08-232024-09-03Cash DividendmonthlyUSD:USD 1.000000
USD 0.0710002024-07-242024-07-242024-08-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0710002024-06-212024-06-212024-07-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0700002024-05-222024-05-232024-06-03Cash DividendmonthlyUSD:USD 1.000000
USD 0.0700002024-04-222024-04-232024-05-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0700002024-03-202024-03-212024-04-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0695002024-02-212024-02-222024-03-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0695002024-01-232024-01-242024-02-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0695002023-12-202023-12-212023-12-29Cash 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 Invstm Grd Dfnd Opp Tr's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.852/16.77
=5.08 %

Current Share Price is $16.77.
Western Asset Invstm Grd Dfnd Opp Tr's Dividends per Share for the forward twelve months is calculated as $0.071 * 12 = $0.852.

Western Asset Invstm Grd Dfnd Opp Tr's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.8445/16.77
=5.04 %

Current Share Price is $16.77.
Western Asset Invstm Grd Dfnd Opp Tr's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.8445.

* 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 Invstm Grd Dfnd Opp Tr  (NYSE:IGI) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Western Asset Invstm Grd Dfnd Opp Tr Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Western Asset Invstm Grd Dfnd Opp Tr's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Western Asset Invstm Grd Dfnd Opp Tr Business Description

Traded in Other Exchanges
N/A
Address
620 Eighth Avenue, 47th Floor, New York, NY, USA, 10018
Western Asset Invstm Grd Dfnd Opp Tr Inc operates as a non-diversified closed-end management investment company. Its primary investment objective is to provide current income and then liquidate & distribute substantially all of the Fund's net assets to stockholders. As a secondary investment objective, the Fund will seek capital appreciation. The Fund seeks to achieve its investment objectives by investing at least 80% of its net assets in investment-grade corporate fixed-income securities of varying maturities.
Executives
Oliveira Marc De officer: Secretary/Chief Legal Officer C/O LEGG MASON & CO. LLC, ONE FIRST STAMFORD PLACE, STAMFORD CT 06902
Eileen A Kamerick director 200 NORTH ADAMS STREET, GREEN BAY WI 54301
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
Daniel P Cronin director 235 EAST 42ND ST, NEW YORK NY 10017
Laura F Fergerson other: Manager/Investment Manager 3310 QUALITY DRIVE, 2ND FLOOR, RANCHO CORDOVA CA 95670
Brian Eakes other: Manager/Investment Manager 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
George P. Hoyt officer: Secretary and Ch Lgl Officer C/O FRANKLIN TEMPLETON, 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Matthew Nicholls other: Director of Sub-Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Jed A. Plafker other: Director of Sub-Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Jennifer M Johnson other: Director of Sub-Adviser C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY, SAN MATEO CA 94403-1906
Fred Steven Jensen officer: Chief Compliance Officer LEGG MASON, 620 EIGHTH AVENUE, 49TH FLOOR, NEW YORK NY 10018
Christopher Berarducci officer: Treas/Principal Finan Officer LEGG MASON, 620 EIGHTH AVENUE, NEW YORK NY 10018
Nisha Kumar director 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Jennifer S Berg officer: Treasurer 100 INTERNATIONAL DRIVE, 7TH FLOOR, BALTIMORE MD 21202