PAI (Western Asset Investment Gradeome Fund) Dividend Yield %: 5.29% (As of Jul. 24, 2026) — 13% Above Median

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PAI Western Asset Investment Grade Income Fund Inc PAI
57 GF Score
Price $11.91
GF Value $16.49
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Western Asset Investment Gradeome Fund Dividend Yield %?

Western Asset Investment Gradeome Fund PAI -0.67% 57 Dividend Yield % is 5.29% as of Jul. 24, 2026, which is 13% above its 10-year median of 4.69. GuruFocus rates PAI with a GF Score™ of 57/100 and a GF Value™ of $16.49 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,114 Asset Management companies, Western Asset Investment Gradeome Fund ranks worse than 56.91% on this metric.

As of today (2026-07-24), the Trailing Annual Dividend Yield of Western Asset Investment Gradeome Fund is 5.29%.

Good Sign:

Western Asset Investment Grade Income Fund Inc stock Dividend Yield % is close to 5-year high.

The historical rank and industry rank for Western Asset Investment Gradeome Fund's Dividend Yield % or its related term are showing as below:

PAI' s Dividend Yield % Range Over the Past 10 Years
Min: 3.55   Med: 4.69   Max: 5.93
Current: 5.29

During the past 9 years, the highest Dividend Yield of Western Asset Investment Gradeome Fund was 5.93%. The lowest was 3.55%. And the median was 4.69%.

PAI's Dividend Yield % is ranked worse than
56.91% of 1114 companies
in the Asset Management industry
Industry Median: 5.895 vs PAI: 5.29

Western Asset Investment Gradeome Fund's Dividend Payout Ratio for the six months ended in Dec. 2025 was 0.68.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Western Asset Investment Grade Income Fund Inc is 0.91, which seems too high.

During the past 9 years, the highest Dividend Payout Ratio of Western Asset Investment Gradeome Fund was 27.90. The lowest was 0.32. And the median was 0.51.

As of today (2026-07-24), the Forward Dividend Yield % of Western Asset Investment Gradeome Fund is 5.29%.

Western Asset Investment Gradeome Fund's Dividends per Share for the six months ended in Dec. 2025 was $0.32.

During the past 12 months, Western Asset Investment Gradeome Fund's average Dividends Per Share Growth Rate was 3.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 4.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 1.50% per year.

During the past 9 years, the highest 3-Year average Dividends Per Share Growth Rate of Western Asset Investment Gradeome Fund was 4.10% per year. The lowest was -6.80% per year. And the median was -3.30% 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 Investment Gradeome Fund  (NYSE:PAI) 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 Investment Gradeome Fund Dividend Yield % Related Terms

Western Asset Investment Gradeome Fund Dividend Yield % Historical Data

* Premium members only.

The historical data trend for Western Asset Investment Gradeome Fund's Dividend Yield % 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.

Western Asset Investment Gradeome Fund Dividend Yield % Chart

Western Asset Investment Gradeome Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only 3.57 4.82 4.67 4.83 5.04

Western Asset Investment Gradeome Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.67 4.79 4.83 4.79 5.04

PAI vs MCN, JHI, NIM: Dividend Yield % Comparison

For the Asset Management subindustry, Western Asset Investment Gradeome Fund's Dividend Yield %, along with its competitors' market caps and 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 Investment Gradeome Fund Dividend Yield % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Western Asset Investment Gradeome Fund's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Western Asset Investment Gradeome Fund's Dividend Yield % falls into.


PAI
57GF Score
Western Asset Investment Grade Income Fund Inc PAI
Dividend Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Western Asset Investment Gradeome Fund Dividend Yield % Calculation

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 0.0525002026-07-242026-07-242026-07-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0525002026-06-232026-06-232026-06-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0525002026-05-212026-05-212026-05-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0525002026-04-232026-04-232026-04-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0525002026-03-242026-03-242026-03-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0525002026-02-202026-02-202026-02-27Cash DividendmonthlyUSD:USD 1.000000
USD 0.0525002025-12-312025-12-312026-01-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0525002025-12-102025-12-102025-12-19Cash DividendmonthlyUSD:USD 1.000000
USD 0.0525002025-11-202025-11-202025-12-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0525002025-10-242025-10-242025-11-03Cash DividendmonthlyUSD:USD 1.000000
USD 0.0525002025-09-232025-09-232025-10-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0525002025-08-222025-08-222025-09-02Cash 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 Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.63/11.91
=5.29 %

Current Share Price is $11.91.
Western Asset Investment Gradeome Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.63.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.63/11.91
=5.29 %

Current Share Price is $11.91.
Western Asset Investment Gradeome Fund's Dividends per Share for the forward twelve months is calculated as $0.0525 * 12 = $0.63.

* 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.

Frequently Asked Questions Learn more about Dividend Yield % →
What does a Dividend Yield % of 5.29% mean?
Western Asset Investment Gradeome Fund (PAI) has a Dividend Yield % of 5.29% as of Jul. 24, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on Western Asset Investment Gradeome Fund and its competitors. This is 13% above median its historical median of 4.69. Over the past decade, Western Asset Investment Gradeome Fund's Dividend Yield % has ranged from 3.55 to 5.93. According to the industry distribution chart, Western Asset Investment Gradeome Fund ranks #634 out of 1114 companies in the Asset Management industry, placing it in the top 56.9%.
Is Western Asset Investment Gradeome Fund's Dividend Yield % too high?
Western Asset Investment Gradeome Fund's current Dividend Yield % of 5.29% is 13% above median its 10-year median of 4.69. Over the past 10 years, this metric has ranged from a low of 3.55 to a high of 5.93. The Asset Management industry median Dividend Yield % is 5.90. Western Asset Investment Gradeome Fund's value of 5.29% is 10.3% below this industry median. Based on the distribution chart, Western Asset Investment Gradeome Fund ranks #634 out of 1114 companies in the Asset Management industry, which is below the industry midpoint. Overall, Western Asset Investment Gradeome Fund has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Western Asset Investment Gradeome Fund's Dividend Yield % compare to MCN and JHI?
According to the Asset Management industry distribution chart, Western Asset Investment Gradeome Fund ranks #634 out of 1114 companies for Dividend Yield %. This places Western Asset Investment Gradeome Fund in the lower half of its industry. The industry median Dividend Yield % is 5.90. Western Asset Investment Gradeome Fund's value of 5.29% is 10.3% below this benchmark. Historically, Western Asset Investment Gradeome Fund's own Dividend Yield % has ranged from 3.55 to 5.93 over the past decade. While the company's 10-year median is 4.69 vs. the industry median of 5.90, Western Asset Investment Gradeome Fund has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Yield % for an Asset Management company?
The median Dividend Yield % among Asset Management companies is 5.90, based on 1,114 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Western Asset Investment Gradeome Fund's current Dividend Yield % of 5.29% is 10.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Yield % mean?
A high Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Dividend yield is the ratio of company dividends to the share price. View historical data on Western Asset Investment Gradeome Fund and its competitors. For the Asset Management industry, the median Dividend Yield % is 5.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Western Asset Investment Gradeome Fund's current Dividend Yield % is 5.29%, which is 13% above median its own 10-year median of 4.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Asset Investment Gradeome Fund stock overvalued right now?
Based on GuruFocus' analysis, Western Asset Investment Gradeome Fund (PAI) is currently considered Modestly Undervalued. The stock's GF Value™ is $16.49, compared to a current price of $11.91 — trading 27.8% below its estimated fair value. The current Dividend Yield % is 5.29%, which is 13% above median its 10-year median of 4.69 and 10.3% below the Asset Management industry median of 5.90. Western Asset Investment Gradeome Fund's overall GF Score™ is 57/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Yield % calculated?
Dividend Yield % is calculated from a company's financial statements. For Western Asset Investment Gradeome Fund (PAI), the current Dividend Yield % is 5.29% as of Jul. 24, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Western Asset Investment Gradeome Fund (PAI) Overvalued in 2026?

Based on GuruFocus' analysis, Western Asset Investment Gradeome Fund stock appears to be undervalued. The current stock price of $11.91 is trading 27.8% below its estimated GF Value™ of $16.49. GuruFocus considers Western Asset Investment Gradeome Fund to be Modestly Undervalued.

Key valuation signals for PAI:

  • Dividend Yield %: 5.29% (13% above median its 10-year median of 4.69)
  • GF Value™: $16.49 vs. price of $11.91 (27.8% below fair value)
  • GF Score™: 57/100 with 1 warning sign
  • Industry Position: 10.3% below the Asset Management median (#634 of 1114)

No single metric tells the full story. See the PAI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Western Asset Investment Gradeome Fund Business Description

Address One Madison Avenue, 17th Floor, New York, NY, USA, 10010
Western Asset Investment Grade Income Fund Inc is a closed-end diversified investment company. Its primary investment objective is to seek a high level of current income, consistent with prudent investment risk, through investment in a diversified portfolio of debt securities. To a lesser extent, the fund also invests in privately placed debt securities and in certain equity securities. Capital appreciation is its secondary investment objective. The fund invests a majority of its net assets in fixed income securities that are rated in the Baa or BBB categories or above at the time of purchase by one or more Nationally Recognized Statistical Rating Organizations (NRSROs) or unrated securities of comparable quality at the time of purchase (as determined by the investment adviser).
57GF Score

Get the complete analysis for PAI

Dividend Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$11.91
Price
$16.49
GF Value