IGI (Western Asset Invstm Grd Dfnd Opp Tr) Dividend Payout Ratio : 0.27 (As of Nov. 2024)

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What is Western Asset Invstm Grd Dfnd Opp Tr Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Western Asset Invstm Grd Dfnd Opp Tr's Dividend Payout Ratio for the months ended in Nov. 2024 was 0.27.

The historical rank and industry rank for Western Asset Invstm Grd Dfnd Opp Tr's Dividend Payout Ratio or its related term are showing as below:

IGI' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.35 Med: 0.61 Max: 4.43
Current: 0.37

During the past 8 years, the highest Dividend Payout Ratio of Western Asset Invstm Grd Dfnd Opp Tr was 4.43. The lowest was 0.35. And the median was 0.61.

IGI's Dividend Payout Ratio is ranked better than
66.99% of 1042 companies
in the Asset Management industry
Industry Median: 0.57 vs IGI: 0.37

As of today (2025-03-04), the Dividend Yield % of Western Asset Invstm Grd Dfnd Opp Tr is 5.07%.

During the past 8 years, the highest Trailing Annual Dividend Yield of Western Asset Invstm Grd Dfnd Opp Tr was 6.26%. The lowest was 3.51%. And the median was 4.77%.

Western Asset Invstm Grd Dfnd Opp Tr's Dividends per Share for the months ended in Nov. 2024 was $0.43.

During the past 12 months, Western Asset Invstm Grd Dfnd Opp Tr's average Dividends Per Share Growth Rate was 5.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 1.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -3.20% per year.

During the past 8 years, the highest 3-Year average Dividends Per Share Growth Rate of Western Asset Invstm Grd Dfnd Opp Tr was 1.90% per year. The lowest was -7.90% per year. And the median was -7.10% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Western Asset Invstm Grd Dfnd Opp Tr Dividend Payout Ratio Historical Data

The historical data trend for Western Asset Invstm Grd Dfnd Opp Tr's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Western Asset Invstm Grd Dfnd Opp Tr Dividend Payout Ratio Chart

Western Asset Invstm Grd Dfnd Opp Tr Annual Data

Trend

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Nov24

Dividend Payout Ratio

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0.47

4.43

1.26

0.63

Western Asset Invstm Grd Dfnd Opp Tr Semi-Annual Data
	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23	May24	Nov24
Dividend Payout Ratio	Get a 7-Day Free Trial										-	1.21	1.31	0.64	0.27

Competitive Comparison of Western Asset Invstm Grd Dfnd Opp Tr's Dividend Payout Ratio

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

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

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

Western Asset Invstm Grd Dfnd Opp Tr Dividend Payout Ratio Calculation

Western Asset Invstm Grd Dfnd Opp Tr's Dividend Payout Ratio for the fiscal year that ended in Nov. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Nov. 2024 )	/	EPS without NRI (A: Nov. 2024 )
	=	0.845	/	1.34
	=	0.63

Western Asset Invstm Grd Dfnd Opp Tr's Dividend Payout Ratio for the quarter that ended in Nov. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Nov. 2024 )	/	EPS without NRI (Q: Nov. 2024 )
	=	0.426	/	1.594
	=	0.27

Western Asset Invstm Grd Dfnd Opp Tr (NYSE:IGI) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.

Western Asset Invstm Grd Dfnd Opp Tr Dividend Payout Ratio Related Terms

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

Western Asset Invstm Grd Dfnd Opp Tr Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Western Asset Invstm Grd Dfnd Opp Tr Inc (NYSE:IGI) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

620 Eighth Avenue, 47th Floor, New York, NY, USA, 10018

Website

https://www.franklintempleton.com

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